March 9, 2010, Introduced by Senators BROWN and ALLEN and referred to the Committee on Finance.
A bill to amend 2007 PA 36, entitled
"Michigan business tax act,"
(MCL 208.1101 to 208.1601) by adding section 465.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 465. (1) For tax years that begin after December 31,
2010, a taxpayer that installs electric vehicle supply equipment
may claim a credit against the tax imposed by this act equal to
$4,000.00 for each electric vehicle supply equipment station
installed during the tax year.
(2) The total amount of all credits allowed under this section
shall not exceed $1,000,000.00 per calendar year. If the credit
allowed under this section exceeds the liability of the taxpayer
for the tax year, that portion of the credit that exceeds the tax
liability shall not be refunded.
(3) The department may require reasonable proof from the
taxpayer of the installation of the electric vehicle supply
equipment and that the electric vehicle supply equipment station is
in compliance with the minimum requirements under the Michigan
administrative code.
(4) As used in this section, "electric vehicle supply
equipment" means the conductors, including the ungrounded,
grounded, and equipment grounding conductors, the electric vehicle
connectors, attachment plugs, and all other fittings, devices,
power outlets, or apparatuses that meet or exceed any standards,
codes, and regulations set forth in R 408.30801 to R 408.30876 of
the Michigan administrative code and that are installed
specifically for the purpose of delivering energy from the premises
wiring to an electric vehicle.