SB321 — Individual income tax: credit; credit for contributions to scholarship-granting organizations and deduction of funds distributed to student opportunity scholarship accounts; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30) & adds secs. 279 & 679. TIE BAR WITH: SB 320'25

SB321 — Individual income tax: credit; credit for contributions to scholarship-granting organizations and deduction of funds distributed to student opportunity scholarship accounts; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30) & adds secs. 279 & 679. TIE BAR WITH: SB 320'25 · Informed CitizenrySB321 amends the Income Tax Act of 1967 to establish new tax credits and modify existing income tax rules. Specifically, it creates a tax credit for taxpayers who contribute cash or marketable secu…Open in Informed Citizenry