Bill Text: MI HB5808 | 2011-2012 | 96th Legislature | Introduced
Bill Title: Income tax; credit; credit for donated medicaid services by a physician; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.713) by adding sec. 280.
Spectrum: Partisan Bill (Democrat 5-0)
Status: (Introduced - Dead) 2012-09-11 - Printed Bill Filed 08/16/2012 [HB5808 Detail]
Download: Michigan-2011-HB5808-Introduced.html
HOUSE BILL No. 5808
August 15, 2012, Introduced by Reps. Ananich, Greimel, Cavanagh, Smiley and Brunner and referred to the Committee on Tax Policy.
A bill to amend 1967 PA 281, entitled
"Income tax act of 1967,"
(MCL 206.1 to 206.713) by adding section 280.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 280. (1) For tax years that begin after December 31,
2012, a taxpayer who is a physician who provides medical services
without cost to patients may claim a credit against the tax imposed
by this act equal to 50% of the cost of donated services not to
exceed $5,000.00 per tax year.
(2) If the amount of the credit allowed under this section
exceeds the tax liability of the taxpayer for the tax year, that
portion of the credit that exceeds the tax liability shall be
refunded.
(3) As used in this section:
(a) "Cost of donated services" means the difference between
the amount that the physician would regularly charge a patient for
a specific medical service or procedure and the amount that the
medicaid program would pay for that service or procedure if that
service or procedure would have been paid for by the medicaid
program had the patient been eligible for the medicaid program.
(b) "Medicaid program" means a program for medical assistance
established under title XIX of the social security act, 42 USC 1396
to 1396w-5.
(c) "Physician" means that term as defined in section
17001(1)(d) or 17501(1)(c) of the public health code, 1978 PA 368,
MCL 333.17001 and 333.17501.
