Loading chat...
MI HB6353
Bill
Status
8/17/2022
Primary Sponsor
Mike Harris
Click for details
AI Summary
-
Allows taxpayers to deduct premiums paid for gun owner liability insurance, conceal and carry insurance, or similar firearm legal protection insurance policies for tax years beginning January 1, 2023 and after.
-
Creates a nonrefundable tax credit up to $350 for taxpayers who successfully complete qualified firearm training and safety programs beginning in tax year 2023.
-
Defines qualified firearm training programs as state or nationally certified programs with at least 4 hours of instruction covering safe storage and handling, ammunition knowledge, shooting fundamentals, legal issues including use of deadly force, and at least 300 rounds of range practice.
-
Requires the legal instruction component on use of deadly force to be taught by an attorney or individual trained in deadly force use.
-
Credits for firearm training cannot exceed tax liability and any excess credit is not refundable.
Legislative Description
Individual income tax: deductions; deduction for certain premiums paid for certain insurance policies and credit for certain firearm safety programs; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30) & adds sec. 277.
Weapons: firearms
Last Action
Bill Electronically Reproduced 08/17/2022
9/7/2022