AI Analysis – Experimental
The bill introduces a state tax credit equal to 50% of a federal credit, effective from 2025, with refunds for any excess over state tax liability.
Introduced in the House
Feb. 4, 2025
Introduced
by
Rep. Bill Schuette (R-95)
and 19 co-sponsors
Co-sponsored by Reps.
Kathy Schmaltz (R-46), Karl Bohnak (R-109), Ken Borton (R-105), Nancy DeBoer (R-86), Brian BeGole (R-71), David Prestin (R-108), Greg Markkanen (R-110), Doug Wozniak (R-59), Mike Hoadley (R-99), Jason Woolford (R-50), Joseph Pavlov (R-64), Tom Kunse (R-100), Steve Frisbie (R-44), Gina Johnsen (R-78), Alicia St. Germaine (R-62), Rylee Linting (R-27), Jamie Thompson (R-28), Luke Meerman (R-89) and Jimmie Wilson (D-32)
Referred to the Committee on Economic Competitiveness