Bill
HB 4488
Individual income tax: credit; working parent tax credit for certain dependents; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 272a.
Provides a refundable $5,000 per qualified dependent (0–3 years) tax credit, up to $15,000 per taxpayer, for working Michigan families with earned income ≥ $10,000.