A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 281.
The bill amends the Income Tax Act of 1967 to provide a tax credit for qualified investments in certified businesses, with specific criteria and a maximum credit of $3,000, and includes provisions for certification, compliance, and funding to offset revenue loss.
Introduced
by
Referred to the Committee on Finance, Insurance, and Consumer Protection
