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MI HB6516
Bill
Status
11/29/2022
Primary Sponsor
Shri Thanedar
Click for details
AI Summary
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Exempts from Michigan income tax any taxpayer with adjusted gross income at or below 150% of the federal poverty guidelines for their tax year, effective for tax years beginning January 1, 2023
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Exempted taxpayers are not required to file a Michigan income tax return for that tax year
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Defines "federal poverty guidelines" as the poverty guidelines published annually in the Federal Register by the U.S. Department of Health and Human Services under 42 USC 9902
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Amends section 315 to clarify that the filing requirement does not apply to taxpayers exempt under the new section 53
Legislative Description
Individual income tax: exemptions; taxpayers at or below 150% of the federal poverty guidelines; exempt from taxation. Amends sec. 315 of 1967 PA 281 (MCL 206.315) & adds sec. 53.
Individual income tax: rate
Last Action
Bill Electronically Reproduced 11/30/2022
11/30/2022