Introduced
by
To give income tax credits of between $5,000 and $50,000 to individuals who have obtained a college degree in Michigan in the past 10 years and chosen to remain in (or move back to) this state, with the lowest amounts for a community college degree and the highest for a PhD. The credit could be used to offset income tax liabilities for up to 10 years but would not be "refundable" (cashable).
Referred to the Committee on Finance