A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” (MCL 206.1 to 206.847) by adding section 261.
The bill amends the Income Tax Act to provide a tax credit for contributions to community foundation endowment funds, with specific limits and requirements, effective from the 2025 tax year, contingent on related legislative enactment.
Introduced
by
Referred to the Committee on Finance, Insurance, and Consumer Protection
