HB-5468, As Passed House, May 19, 2004

SUBSTITUTE FOR

HOUSE BILL NO. 5468

                                                                             A bill to amend 1967 PA 281, entitled                                             

"Income tax act of 1967,"                                                   

(MCL 206.1 to 206.532) by adding section 269.                               

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

1   Sec. 269.  (1) For tax years that begin after December 31,                  

2   2003, a qualified taxpayer may claim a credit against the tax               

3   imposed by this act equal to the cost paid during the tax year              

4   for a premarital education program or $50.00, whichever is less.            

5       (2) If the credit allowed under this section exceeds the tax                

6   liability of the taxpayer for the tax year, that portion of the             

7   credit that exceeds the tax liability shall not be refunded.                

8       (3) As used in this section:                                                

9   (a) "Premarital education program" means a qualifying                       

10  premarital education program provided for in and meeting the                

11  criteria as set forth in section 12 of 1887 PA 128, MCL 551.112.            

1       (b) "Qualified taxpayer" means a taxpayer or taxpayers who                  

2   attended a premarital education program during the tax year in              

3   which a credit under this section is claimed.  If the individuals           

4   who participate together in the premarital education program file           

5   separate returns for the tax year, only 1 of the taxpayers shall            

6   claim the credit under this section.  If the taxpayers file a               

7   joint return for the tax year, the maximum credit shall be $50.00           

8   for that joint return.

9       Enacting section 1.  This amendatory act does not take                      

10  effect unless House Bill No. 5469 of the 92nd Legislature is                

11  enacted into law.