MI HB5166

Creates a charitable food tax credit program effective for tax years beginning January 1, 2026, allowing qualified taxpayers to claim a credit equal to 65% of the fair market value of food donated to certified emergency food providers or regional food banks

Limits eligible taxpayers to businesses engaged in farming, food processing, food manufacturing, or food distribution

Caps the credit at the lesser of 50% of the taxpayer's tax liability or $10,000 per year, with any excess credit amount refunded to the taxpayer

Requires the Michigan Department of Treasury to certify qualified organizations through an annual application process and maintain a public list of eligible recipient organizations on its website

Mandates that taxpayers obtain and attach written acknowledgment from recipient organizations documenting the donor's information, donation date, and description of food donated to claim the credit