HB4370 — 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. 281.

HB4370 — 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. 281. · Informed CitizenryBeginning with tax years starting on or after January 1, 2026, taxpayers can claim a credit against their income tax liability equal to the sales or use tax paid for textbooks purchased during the…Open in Informed Citizenry