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.
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.