January 27, 2005, Introduced by Rep. Accavitti 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 272.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 272. (1) For tax years that begin after December 31,
2004, a taxpayer may claim a credit against the tax imposed by this
act equal to 25% of the taxpayer's job skills training program
expenses paid in the tax year or $250.00, whichever is less.
(2) If a husband and wife file a joint return, each spouse may
claim up to the maximum credit amount for his or her own job skills
training program expenses.
(3) If the credit allowed under this section exceeds the tax
liability of the taxpayer under this act for the tax year, that
portion of the credit that exceeds the tax liability shall be
refunded.
(4) A taxpayer that claims a credit under this section shall
submit proof of the following with its annual return required under
this act on which the credit is claimed:
(a) The expenditures used to calculate the credit under this
section.
(b) The expenditures were for certified job skills training
programs and related to the taxpayer's career field or job
classification as determined by the department of labor and
economic growth.
(c) Any other information the department considers necessary.
(5) As used in this section, "job skills training program"
means a job skills training program certified by the department of
labor and economic growth under the job skills training program
certification act designed to do all of the following:
(a) Develop, enhance, or upgrade basic workforce skills of an
employee including literacy, communication skills, computational
skills, and other transferable workforce skills.
(b) Develop, enhance, or upgrade advanced, specialized, or
industry specific skills of an employee that are directly related
to the employee's job or career.
Enacting section 1. This amendatory act does not take effect
unless all of the following bills of the 93rd Legislature are
enacted into law:
(a) Senate Bill No.____ or House Bill No. 4009(request no.
00655'05).
(b) Senate Bill No.____ or House Bill No. 4011(request no.
00657'05).