Introduced
by
To convert the “Michigan Promise” college scholarship program into a $4,000 refundable income tax credit program (meaning that a beneficiary gets a check for the amount the credit exceeds his or her income tax liability). The credits would be granted after getting a two year associates degree, completing an approved two year vocational program or after getting a four year bachelors degree, within 10 years of completing high school.
Referred to the Committee on Education
