March 7, 2006, Introduced by Rep. Accavitti and referred to the Committee on Energy and Technology.
A bill to amend 1967 PA 281, entitled
"Income tax act of 1967,"
(MCL 206.1 to 206.532) by adding section 437.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 437. (1) For tax years that begin after December 31,
2005, an individual may designate on his or her annual return that
a contribution of $5.00 or more of his or her refund be credited to
the home heating credit fund. If a taxpayer's refund is not
sufficient to make a contribution under this section, the taxpayer
may designate a contribution amount and that contribution amount
shall be added to the taxpayer's tax liability for the tax year.
(2) The contribution designation authorized in this section
shall be clearly and unambiguously printed on the first page of the
state individual income tax return.