state_legiscan_drain · MI
Corporate income tax: credits; credit for student loan payments made by employer on behalf of a qualified employee who did not receive a diploma or degree from an institution located in this state; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 679a. TIE BAR WITH: HB 6061'26, HB 6062'26, HB 6063'26, HB 6065'26
June 9, 2026
Summary
If enacted, this bill would create a corporate income tax credit for employers that make student loan payments on behalf of qualified employees who did not receive a diploma or degree from a Michigan institution. The credit is designed to incentivize employers to support out-of-state graduates' loan repayment, potentially affecting payroll and tax planning for companies operating in Michigan.
AI-generated summary · Jun 14, 2026. Verify with your compliance counsel before acting.
How this was generated
We record the exact prompt, model, and output for every AI response so it can be audited for accuracy.
Source: https://legislature.mi.gov/Bills/Bill?ObjectName=2026-HB-6064
Common questions
- What does "Corporate income tax: credits; credit for student loan payments made by employer on behalf of a qualified employee who did not receive a diploma or degree from an institution located in this state; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 679a. TIE BAR WITH: HB 6061'26, HB 6062'26, HB 6063'26, HB 6065'26" cover?
- If enacted, this bill would create a corporate income tax credit for employers that make student loan payments on behalf of qualified employees who did…
- When was it published?
- It was published on June 9, 2026.