A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 253.
House Bill 4068 would amend the Income Tax Act to create a refundable individual income tax credit for taxpayers who make verified blood donations. The credit would be worth $25 for up to six donations made during a tax year and would be for tax years beginning on or after January 1, 2023. The Department of Treasury could require taxpayers to submit documentation or other reasonable proof to support the number of donations claimed with a tax return.
Co-sponsored by Reps.
Referred to the Committee on Tax Policy
Reported with substitute H-1