2024 House Bill 5432

Individual income tax: credit; qualified volunteers credit; create.

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

AI Analysis – Experimental

The bill provides a $2,500 tax credit for volunteer firefighters and EMS personnel starting in 2024, with specific eligibility criteria and refund provisions for excess credit.

Introduced in the House

Feb. 13, 2024

Introduced by Rep. Graham Filler (R-93)

Referred to the Committee on Tax Policy