SB816 — Individual income tax: credit; credit for sales and use tax paid for textbooks purchased by eligible students; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 280.

SB816 — Individual income tax: credit; credit for sales and use tax paid for textbooks purchased by eligible students; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 280. · Informed CitizenryThis bill proposes to amend the Income Tax Act of 1967 to create a new individual income tax credit for sales or use taxes paid on textbooks. The credit is available for tax years beginning on or a…Open in Informed Citizenry