July 1, 2003, Introduced by Reps. Gaffney, Ward, Lipsey, Ehardt, LaJoy, Milosch, Pastor, Hune, Acciavatti, Amos, Nofs, Tobocman, Brandenburg, McConico, Reeves, Hager, Hunter, Ruth Johnson, Shulman, Farhat, Emmons, Hummel, Woronchak, Stahl, Vander Veen, Stakoe, Wojno, Accavitti, Elkins, Law, Mortimer, Casperson, Stallworth, Hood, Moolenaar and Hardman and referred to the Committee on Tax Policy.
A bill to amend 1967 PA 281, entitled
"Income tax act of 1967,"
(MCL 206.1 to 206.532) by adding section 437.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 Sec. 437. (1) For tax years that begin after December 31,
2 2002, an individual may designate on his or her annual return
3 that a contribution of $5.00 or more of his or her refund be
4 credited to the home heating credit fund. If a taxpayer's refund
5 is not sufficient to make a contribution under this section, the
6 taxpayer may designate a contribution amount and that
7 contribution amount shall be added to the taxpayer's tax
8 liability for the tax year.
9 (2) The contribution designation authorized in this section
10 shall be clearly and unambiguously printed on the first page of
11 the state individual income tax return.