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HB 4057

Individual income tax: deductions; contributions to a child care savings account; deduct. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 4056'25

2025-2026 Regular Session Introduced by Brian BeGole and 18 co-sponsors

Michigan offers a state income tax deduction starting 2026 for net contributions minus qualified withdrawals from designated child care savings accounts to cover eligible costs.

bill electronically reproduced 02/04/2025
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