MI HB6238

Allows Michigan taxpayers to claim a $25 tax credit for each verified blood donation made during the tax year, effective for tax years beginning January 1, 2022 and later.

Requires taxpayers to submit documentation or reasonable proof from the blood bank organization with their annual tax return to support the number of blood donations claimed.

Permits excess credits that exceed the taxpayer's tax liability to be refunded to the taxpayer.

Defines "blood donation" as voluntary, uncompensated donation of whole blood or blood components by an individual through a nonprofit blood bank organization's blood drive.

Defines "verified blood donation" as a blood donation documented by the nonprofit blood bank organization.