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Bill > HB4543
MI HB4543
MI HB4543Individual income tax: home heating credit; adjustments based on Detroit Consumer Price Index; change to United States Consumer Price Index. Amends sec. 527a of 1967 PA 281 (MCL 206.527a).
summary
Introduced
06/03/2025
06/03/2025
In Committee
12/16/2025
12/16/2025
Crossed Over
08/19/2025
08/19/2025
Passed
12/31/2025
12/31/2025
Dead
Signed/Enacted/Adopted
12/31/2025
12/31/2025
Introduced Session
103rd Legislature
Bill Summary
AN ACT to amend 1967 PA 281, entitled ?An act to meet deficiencies in state funds by providing for the imposition, levy, computation, collection, assessment, reporting, payment, and enforcement by lien and otherwise of taxes on or measured by net income and on certain commercial, business, and financial activities; to prescribe the manner and time of making reports and paying the taxes, and the functions of public officers and others as to the taxes; to permit the inspection of the records of taxpayers; to provide for interest and penalties on unpaid taxes; to provide exemptions, credits, rebates, and refunds of the taxes; to create certain funds; to provide for the expenditure of certain funds; to impose certain duties and requirements on certain officials, departments, and authorities of this state; to prescribe penalties for the violation of this act; to provide an appropriation; and to repeal acts and parts of acts,? by amending section 527a (MCL 206.527a), as amended by 2022 PA 266.
AI Summary
This bill amends existing law to adjust the calculation of the home heating credit, a tax credit designed to help individuals with heating costs for their primary residence. Specifically, it changes how the credit is adjusted annually by replacing the adjustment based on the United States Consumer Price Index (CPI) for household energy with an adjustment based on the Detroit Consumer Price Index for household energy. The bill also modifies how the maximum cost incurred for heating fuel and the maximum total household resources are adjusted each year, ensuring these figures are updated based on the Detroit CPI, with a cap of a 10% increase annually. Additionally, it clarifies that the credit is not subject to interception for debts and outlines procedures for how heating fuel providers handle energy drafts issued for the credit, including provisions for situations where a claimant has already paid for their heating supply or receives home heating assistance. The bill also requires enrolled heating fuel providers to notify customers about the credit and provides a simplified claiming process for certain individuals.
Committee Categories
Agriculture and Natural Resources, Government Affairs
Sponsors (5)
Last Action
Assigned Pa 55'25 With Immediate Effect (on 12/31/2025)
Official Document
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