MI SB0727

Amends the home heating credit under Michigan income tax law to establish funding thresholds for weatherization assistance programs during fiscal years 2014-2027.

Requires minimum weatherization funding of $6,000,000 annually when federal Low Income Home Energy Assistance Program block grant funding is at least 90% of prior year amount, with a cap of 15% of total block grant funds.

Reduces minimum weatherization funding to $5,000,000 annually when federal block grant funding falls below 90% of prior year amount, with the same 15% cap.

Maintains existing home heating credit eligibility requirements and calculation methods, including income limits and credit amounts ranging from $272 to $601+ based on household exemptions.

Effective immediately upon approval by the governor on December 22, 2022.