2023 House Bill 4080

Individual income tax: exemptions; additional exemption for fetus; provide for.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending section 30 (MCL 206.30), as amended by 2022 PA 5.

Official record

AI Analysis – Experimental

The bill introduces deductions for income from U.S. government obligations, certain retirement benefits, and public retirement system benefits, with adjustments based on the Consumer Price Index. It also allows for deductions related to charitable contributions, wrongful imprisonment compensation, wagering losses, and first-time home buyer savings accounts, among others. The bill expands personal and dependency exemptions, including for stillbirths and pregnancies beyond 10 weeks, and offers additional exemptions for individuals with disabilities and qualified disabled veterans.

Introduced in the House

Feb. 14, 2023

Introduced by Rep. Gina Johnsen (R-78) and 20 co-sponsors

Co-sponsored by Reps. Joseph Fox (R-101), Kathy Schmaltz (R-46), Jaime Greene (R-65), Dale Zorn (R-34), Tom Kunse (R-100), Matt Bierlein (R-97), Cameron Cavitt (R-106), Mike Hoadley (R-99), Greg Markkanen (R-110), Jay DeBoyer (R-63), Brad Paquette (R-37), Doug Wozniak (R-59), James DeSana (R-29), Rachelle Smit (R-43), Joseph Aragona (R-60), David Prestin (R-108), Timothy Beson (R-96), Jamie Thompson (R-28), Gregory Alexander (R-98) and Phil Green (R-67)

Referred to the Committee on Tax Policy