Introduced
by
To authorize a $2,000 Michigan Business Tax credit for a contractor who builds a new home that is purchased by a buyer as a residence if the structure meets certain energy efficiency standards specified in the bill. The credit would not be “refundable” (that is, a potential cash subsidy), but the amount exceeding a contractor’s tax liability could be “carried forward” and used against future years’ tax liability.
Referred to the Committee on Finance
