2004 House Bill 5534

Senate Roll Call 651: Passed

To allow a state income tax deduction for contributions made to a Michigan education savings account, even after a withdrawal has been made from the account. Under current law, contributions are no longer deductible after the initial withdrawal is made. Contributions of up tp to $5,000 for a single return and $10,000 for a joint return are deductible.

37 Yeas / 0 Nays
Republican (21 Yeas / 0 Nays)
Democrat (16 Yeas / 0 Nays)
Excused or Not Voting (1)