HOUSE BILL No. 6466


     November 7, 2002, Introduced by Rep. Kolb 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 206.532) by adding section 270.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

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             SEC. 270.  (1) FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31,

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        2002, A TAXPAYER MAY CLAIM A CREDIT AGAINST THE TAX IMPOSED BY

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        THIS ACT EQUAL TO THE COST PAID IN THE TAX YEAR FOR LANDSCAPING

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        AND SITE DESIGN THAT MINIMIZE STORM WATER RUNOFF FOR THE

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        TAXPAYER'S PRIMARY RESIDENCE OR $500.00, WHICHEVER IS LESS.

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             (2) IF THE AMOUNT OF THE CREDIT ALLOWED UNDER THIS SECTION

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        EXCEEDS THE TAX LIABILITY OF THE TAXPAYER FOR THE TAX YEAR, THAT

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        PORTION OF THE CREDIT THAT EXCEEDS THE TAX LIABILITY SHALL BE

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        REFUNDED.

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             (3) AS USED IN THIS SECTION:




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             (A) "LANDSCAPING AND SITE DESIGN THAT MINIMIZE STORM WATER

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        RUNOFF" INCLUDES ALL OF THE FOLLOWING:

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             (i) MATERIALS AND SERVICES FOR INSTALLING OR IMPLEMENTING

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        STRUCTURES, IMPROVEMENTS, OR STRATEGIES TO THE TAXPAYER'S PRIMARY

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        RESIDENCE THAT REDUCE STORM WATER RUNOFF FROM THE RESIDENCE INTO

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        RIVERS, LAKES, DRAINS, OTHER SURFACE BODIES OF WATER, OR SEWER

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        SYSTEMS INCLUDING, BUT NOT LIMITED TO, RAIN BARRELS, PERMEABLE

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        PAVEMENTS AND DRIVEWAYS, AND WATER GARDENS.

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             (ii) STRUCTURES, IMPROVEMENTS, OR STRATEGIES THAT REDUCE

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        NONPOINT SOURCE WATER POLLUTION.

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             (iii) STRUCTURES, IMPROVEMENTS, OR STRATEGIES THAT REDUCE

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        FLOODING AND THE WASHING OFF OF SEDIMENTS AND PESTICIDES.

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             (B) "STORM WATER" MEANS STORM WATER RUNOFF, SNOWMELT RUNOFF,

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        AND SURFACE RUNOFF AND DRAINAGE.





























   06586'02          Final page.                            RJA