2023 House Bill 4531

Individual income tax: credit; credit for donations to endowment fund of community foundations; provide for.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 261.

House Fiscal Agency Analysis

Taken together, House Bills 4530 and 4531 would amend the Income Tax Act to create nonrefundable credits for donations or contributions to a homeless shelter, food bank, food kitchen, or other similar organization or to the endowment fund of a community foundation

Introduced in the House

May 9, 2023

Introduced by Rep. Will Snyder (D-87) and eight co-sponsors

Co-sponsored by Reps. Phil Skaggs (D-80), Julie Rogers (D-41), Jasper Martus (D-69), Cynthia Neeley (D-70), Amos O’Neal (D-94), Brenda Carter (D-53), Jason Hoskins (D-18) and Carol Glanville (D-84)

Referred to the Committee on Tax Policy

Sept. 13, 2023

Reported with substitute H-1