HB5806 — Individual income tax: credit; credit for the down payment on the purchase of a home; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 280.

HB5806 — Individual income tax: credit; credit for the down payment on the purchase of a home; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 280. · Informed CitizenryThis bill amends the Income Tax Act of 1967 to create a new individual income tax credit for taxpayers who make a down payment on the purchase of a single-family residence. For tax years beginning…Open in Informed Citizenry