Bill
SB 321
Individual income tax: credit; credit for contributions to scholarship-granting organizations and deduction of funds distributed to student opportunity scholarship accounts; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30) & adds secs. 279 & 679. TIE BAR WITH: SB 320'25
2025-2026 Regular Session
Introduced by Thomas Albert and 11 co-sponsors
Michigan bill creates income tax credits for charitable education donations and deductions for student opportunity scholarships, incentivizing private funding while reducing state tax revenue.
REFERRED TO COMMITTEE ON EDUCATION