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2019 House Bill 4993: Authorize charitable contribution income tax credits
Introduced by Rep. Ryan Berman (R) on September 18, 2019
To authorize an income tax credit of $100, $200 for couples, and up to $5,000 for a trust or estate, for gifts to community foundations.   Official Text and Analysis.
Referred to the House Tax Policy Committee on September 18, 2019
Reported in the House on September 3, 2020
Refer to the Committee on Government Operations with the recommendation that the substitute (H-1) be adopted.
Referred to the House Government Operations Committee on September 3, 2020
Reported in the House on September 9, 2020
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Amendment offered by Rep. Yousef Rabhi (D) on September 15, 2020
To tie-bar the bill to House Bill 5254, meaning this bill cannot become law unless that one does also. HB 5254 would cap the amount of state tax dollars that can be given to a relative handful of large corporations including the Big Three automakers, which were authorized in deals approved in the late 2000s under a since-suspended Michigan Economic Growth Authority program. The bill would limit the hand-outs to $200 million in the fiscal year that begins Oct. 1, 2019, and $100 million in the following year.
The amendment failed by voice vote in the House on September 15, 2020
Amendment offered by Rep. Christine Greig (D) on September 15, 2020
To eliminate a provision requiring a "community foundation" to have at least $1 million in assets to be eligible for the proposed tax-exempt gifts.
The amendment failed by voice vote in the House on September 15, 2020
To authorize an income tax credit of $100, $200 for couples, and up to $5,000 for a trust or estate, for gifts to community foundation.
Received in the Senate on September 23, 2020
Referred to the Senate Finance Committee on September 23, 2020

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