Bill
SB 127
Individual income tax: credit; credit for donation to endowment fund of community foundation; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 261.
2023-2024 Regular Session
Introduced by Rosemary Bayer and 13 co-sponsors
Michigan allows individual state income tax credits for donations to community foundation endowments, reducing state tax revenue while incentivizing long-term charitable giving.
laid over one day under the rules