HB4334
Type: B Origin: House Michigan Comments: 0

Individual Income Tax: Credit; Tax Incentive For Contributions Made To Certain Ballot And Candidate Committees; Provide For. Amends 1967 Pa 281 (Mcl 206.1 - 206.847) By Adding Sec. 280.

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This bill proposes to amend the Individual Income Tax Act by adding a new section that would provide a tax credit as an incentive for contributions made to certain ballot and candidate committees. The purpose is to encourage individuals to support these committees financially by offering them a tax benefit. If passed, this bill would introduce changes to the existing tax laws in order to promote political participation through financial contributions.

Bill Activity

  • 2023-03-23: Introduced By Representative Phil Skaggs

  • 2023-03-23: Read A First Time

  • 2023-03-23: Referred To Committee On Tax Policy

  • 2023-03-23: Bill Electronically Reproduced 03/23/2023

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