Income tax; credit; car restraint system purchase; provide for
credit.
INCOME TAX: Credit; VEHICLES: Equipment
A bill to amend 1967 PA 281, entitled
"Income tax act of 1967,"
(MCL 206.1 to 206.532) by adding section 267.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 SEC. 267. FOR THE 1999 TAX YEAR AND EACH TAX YEAR AFTER THE
2 1999 TAX YEAR, A TAXPAYER MAY CREDIT AGAINST THE TAX IMPOSED BY
3 THIS ACT THE AMOUNT PAID IN THE TAX YEAR FOR A CHILD RESTRAINT
4 SYSTEM THAT MEETS THE STANDARDS UNDER SECTION 710D OF THE
5 MICHIGAN VEHICLE CODE, 1949 PA 300, MCL 257.710D, NOT TO EXCEED
6 $150.00 PER TAX YEAR.
01721'99 * Final page. RJA