April 23, 2013, Introduced by Reps. Ananich, Cavanagh and Faris 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 206.713) by adding section 275.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 275. (1) For tax years that begin after December 31,
2012, a taxpayer who is a physician, dentist, or optometrist who
provides medical, dental, or optometric services without cost to
patients may claim a credit against the tax imposed by this act
equal to 50% of the cost of donated services not to exceed
$5,000.00 per tax year.
(2) If the amount of the credit allowed under this section
exceeds the tax liability of the taxpayer for the tax year, that
portion of the credit that exceeds the tax liability shall be
refunded.
(3) As used in this section:
(a) "Cost of donated services" means the difference between
the amount that the physician, dentist, or optometrist would
regularly charge a patient for a specific medical, dental, or
optometric service or procedure and the amount that the medicaid
program would pay for that service or procedure if that service or
procedure would have been paid for by the medicaid program had the
patient been eligible for the medicaid program.
(b) "Dentist" means that term as defined in section 16601 of
the public health code, 1978 PA 368, MCL 333.16601.
(c) "Medicaid program" means a program for medical assistance
established under title XIX of the social security act, 42 USC 1396
to 1396w-5.
(d) "Optometrist" means that term as defined in section 17401
of the public health code, 1978 PA 368, MCL 333.17401.
(e) "Physician" means that term as defined in section
17001(1)(d) or 17501(1)(c) of the public health code, 1978 PA 368,
MCL 333.17001 and 333.17501.