February 1, 2005, Introduced by Rep. Mortimer 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 who is a medical professional may claim a credit
against the tax imposed by this act equal to the difference between
the amount received from the medicaid program for medical services
provided to persons whose medical services are paid for in whole or
in part by the medicaid program and the amount that would have been
received under the medicare program if the persons had been
eligible for the medicare program for the same medical services.
(2) A taxpayer who claims a credit under this section shall
submit certification from the department of community health that
states that the taxpayer practiced as a physician in this state
during the tax year with his or her annual return on which a credit
under this section is claimed.
(3) A taxpayer who claims a credit under this section shall
maintain documentation of all medical services provided to patients
in this state used to calculate the credit under this section and
submit that documentation to the department of treasury upon
request by the department of treasury.
(4) As used in this section:
(a) "Medicaid program" means a program for medical assistance
established under title XIX of the social security act, chapter
531, 42 USC 1396 to 1396f, 1396g-1 to 1396r-6, and 1396r-8 to
1396v.
(b) "Medical professional" means a provider that participates
in the medicaid program.