Bill Text: MI HB4877 | 2011-2012 | 96th Legislature | Introduced
Bill Title: Income tax; credit; earned income tax credit eligibility; modify. Amends sec. 272 of 1967 PA 281 (MCL 206.272).
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2011-08-24 - Printed Bill Filed 07/27/2011 [HB4877 Detail]
Download: Michigan-2011-HB4877-Introduced.html
HOUSE BILL No. 4877
July 27, 2011, Introduced by Rep. Scott and referred to the Committee on Government Operations.
A bill to amend 1967 PA 281, entitled
"Income tax act of 1967,"
by amending section 272 (MCL 206.272), as amended by 2011 PA 38.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 272. (1) For the following tax years that begin after
December 31, 2007, a taxpayer may credit against the tax imposed by
this act an amount equal to the specified percentages of the credit
the taxpayer is allowed to claim as a credit under section 32 of
the internal revenue code for a tax year on a return filed under
this act for the same tax year:
(a) For tax years that begin after December 31, 2007 and
before January 1, 2009, 10%.
(b) For tax years that begin after December 31, 2008 and
before January 1, 2012, 20%.
(c) For tax years that begin after December 31, 2011, 6%.
(2) If the credit allowed by this section exceeds the tax
liability of the taxpayer for the tax year, the state treasurer
shall refund the excess to the taxpayer without interest, except as
provided in section 30 of 1941 PA 122, MCL 205.30.
(3) To be eligible for the credit under this section, if the
taxpayer has a school-aged child, the taxpayer shall sign an
affidavit stating that the child is enrolled in and is attending
school. The affidavit shall include the child's name, the name of
the school the child attends, and the name of the school district
in which the school is located. The department may require consent
to release the child's school attendance records to the department
as a condition of eligibility for the credit under this section. As
part of the eligibility verification process, when the taxpayer
claims a credit under this section, the department shall verify
with the school that the child listed on the affidavit is currently
attending the school. A taxpayer who knowingly provides a false
statement on an affidavit under this section is no longer eligible
for the credit under this section and is guilty of perjury. A
school or school district that knowingly provides false information
to the department requesting information under this section shall
repay the department the full amount of the credit claimed by the
taxpayer based on the false information that was provided. If the
taxpayer's school-aged child is in compliance with school
attendance requirements, the taxpayer is eligible for the credit
under this section if all other eligibility requirements are met.
Enacting section 1. This amendatory act takes effect January
1, 2012.
