HOUSE BILL No. 4045


     January 25, 2001, Introduced by Rep. Bovin 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 269.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 1
           SEC. 269.  (1) FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31,

 2
      2000, A TAXPAYER MAY CLAIM A CREDIT AGAINST THE TAX IMPOSED BY

 3
      THIS ACT EQUAL TO THE 50% OF THE COST PAID BY THE TAXPAYER, NOT

 4
      TO EXCEED $5,000.00, FOR QUALIFIED RENOVATIONS MADE TO THE HOME

 5
      OF THE TAXPAYER IF THE TAXPAYER IS EITHER OF THE FOLLOWING:

 6
           (A) A SENIOR CITIZEN OR PERSON WITH A DISABILITY WHO MAKES

 7
      RENOVATIONS TO HIS OR HER OWN HOME.

 8
           (B) A TAXPAYER, OTHER THAN A TAXPAYER DESCRIBED IN SUBDIVI-

 9
      SION (A), IF A SENIOR CITIZEN OR PERSON WITH A DISABILITY LIVES

10
      IN THE HOME OF THE TAXPAYER WHO MAKES THE QUALIFIED RENOVATIONS.




   00979'01                                                 RJA                                   2

 1
           (2) THE CREDIT ALLOWED UNDER THIS SECTION SHALL BE TAKEN

 2
      ONLY IN THE YEAR IN WHICH ALL QUALIFIED RENOVATIONS FOR WHICH A

 3
      CREDIT UNDER THIS SECTION WILL BE CLAIMED ARE COMPLETED AND SHALL

 4
      BE CLAIMED FOR ONLY 1 TAX YEAR FOR QUALIFIED RENOVATIONS MADE BY

 5
      OR ON BEHALF OF ANY 1 SENIOR CITIZEN OR PERSON WITH A

 6
      DISABILITY.

 7
           (3) IF THE CREDIT ALLOWED UNDER THIS SECTION EXCEEDS THE TAX

 8
      LIABILITY OF THE TAXPAYER FOR THE TAX YEAR, THE AMOUNT BY WHICH

 9
      THE CREDIT EXCEEDS THE TAXPAYER'S TAX LIABILITY SHALL BE

10
      REFUNDED.

11
           (4) AS USED IN THIS SECTION:

12
           (A) "HOME" MEANS A HOMESTEAD EXEMPT UNDER SECTION 7CC OF THE

13
      GENERAL PROPERTY TAX ACT, 1893 PA 206, MCL 211.7CC.

14
           (B) "QUALIFIED RENOVATIONS" MEANS RENOVATIONS, ADDITIONS, OR

15
      OTHER CONSTRUCTION MADE TO A HOME THAT ARE ANY OF THE FOLLOWING:

16
           (i) CHANGES TO ACCOMMODATE THE PHYSICAL NEEDS OF A SENIOR

17
      CITIZEN OR PERSON WITH A DISABILITY, INCLUDING, BUT NOT LIMITED

18
      TO, BATH BARS, RAMPS, DOOR WIDENING, ACCESS CHANGES, AND REFIT-

19
      TING OF FIXTURES.

20
           (ii) ADDITION OF A ROOM.

21
           (iii) ANY CHANGE TO THE HOME THAT IS MADE TO MEET LOCAL OR

22
      STATE BUILDING CODES, ORDINANCES, STATUTES, OR RULES THAT REGU-

23
      LATE HOUSING FOR PERSONS WITH DISABILITIES.

24
           (iv) SAFETY FEATURES.

25
           (C) "PERSON WITH A DISABILITY" MEANS THAT TERM AS DEFINED IN

26
      SECTION 103 OF THE PERSONS WITH DISABILITIES CIVIL RIGHTS ACT,

27
      1976 PA 220, MCL 37.1103.



   00979'01                                   3

 1
           (D) "SENIOR CITIZEN" MEANS A PERSON WHO IS 65 YEARS OF AGE

 2
      OR OLDER.




















































   00979'01          Final page.                            RJA