2007 House Bill 5311

Authorize tax credit for donations to MSHDA-designated entity

Introduced in the House

Oct. 16, 2007

Introduced by Rep. John Proos (R-79)

To authorize an income tax credit of $100, $200 for couples, and up to $5,000 for a trust or estate, for 50 percent of the contribution to a program approved by the Michigan State Housing Development Authority for a neighborhood organization that provides neighborhood assistance, job training or education for individuals, community services or crime prevention in an eligible distressed area.

Referred to the Committee on Tax Policy