HB5973 — Individual income tax: deductions; sunset on deductions for contributions to a first-time home buyer savings account; extend. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 5967'26

HB5973 — Individual income tax: deductions; sunset on deductions for contributions to a first-time home buyer savings account; extend. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 5967'26 · Informed CitizenryThis bill amends the Michigan Income tax act of 1967 by modifying Section 30 (MCL 206.30) to adjust how taxable income is calculated and what deductions are allowed. The amendments include several…Open in Informed Citizenry