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Mackinac Center for Public Policy
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2012 House Bill 5622: Authorize state child care subsidies and tax breaks
  1. Introduced by Rep. Dian Slavens (D) on May 10, 2012, to authorize a “refundable” state income tax credit (essentially a cash subsidy in many cases) that would be a percentage of a federal income tax child care credit the individual can claim, with the percentage “means tested” on the basis of gross income (ranging from 110 percent for households with less than $25,000 income to 20 percent for those between $65,000 and $100,000).
    • Referred to the House Tax Policy Committee on May 10, 2012.

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