SB435 — Individual income tax: home heating credit; adjustments based on Detroit Consumer Price Index; change to United States Consumer Price Index. Amends sec. 527a of 1967 PA 281 (MCL 206.527a).

SB435 — Individual income tax: home heating credit; adjustments based on Detroit Consumer Price Index; change to United States Consumer Price Index. Amends sec. 527a of 1967 PA 281 (MCL 206.527a). · Informed CitizenrySB435 amends the Income Tax Act of 1967 to modify the home heating credit. The bill updates the calculation of the credit, which is available to residents for heating fuel costs for their homestead…Open in Informed Citizenry