SB-1176, As Passed Senate, April 20, 2006

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SENATE BILL No. 1176

 

 

March 21, 2006, Introduced by Senators STAMAS, ALLEN, CASSIS, McMANUS and BISHOP and referred to the Committee on Finance.

 

 

 

     A bill to amend 1967 PA 281, entitled

 

"Income tax act of 1967,"

 

(MCL 206.1 to 206.532) by adding section 275.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 275. (1) For tax years that begin after December 31,

 

2005, a taxpayer may claim a credit against the tax imposed by this

 

act equal to $150.00 in the tax year for which the taxpayer has a

 

certificate of stillbirth from the department of community health

 

as provided under section 2834 of the public health code, 1978 PA

 

368, MCL 333.2834.

 

     (2) If the amount of the credit allowed under this section

 

exceeds the tax liability of the taxpayer for the tax year, that

 

portion of the credit that exceeds the tax liability shall be


 

refunded.