2023 House Bill 4334

Individual income tax: credit; tax incentive for contributions made to certain ballot and candidate committees; provide for.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 280.

Mackinac Center Analysis

Gives residents a dollar-for-dollar refundable credit for donations to politicians and ballot question committees. The credit is refundable, so if a person doesn’t owe any taxes, he or she receives the full value of the credit in cash, paid for by other taxpayers. The credit is limited to $250 per single filer and $500 for joint filers.

Introduced in the House

March 23, 2023

Introduced by Rep. Phil Skaggs (D-80) and 10 co-sponsors

Co-sponsored by Reps. Jasper Martus (D-69), Jason Hoskins (D-18), Carrie Rheingans (D-47), Jimmie Wilson (D-32), Kristian Grant (D-82), Felicia Brabec (D-33), Penelope Tsernoglou (D-75), Mike McFall (D-8), Denise Mentzer (D-61) and Sharon MacDonell (D-56)

Referred to the Committee on Tax Policy