state_legiscan_drain · MI
Corporate income tax: credits; credit for student loan payments made by employer on behalf of a qualified employee who received 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. 679. TIE BAR WITH: HB 6061'26, HB 6062'26, HB 6064'26, 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 employees who earned a diploma or degree from a Michigan institution. The credit is intended to incentivize employer assistance with student debt for graduates from in-state schools. The bill amends the Corporate Income Tax Act by adding a new section.
Source: https://legislature.mi.gov/Bills/Bill?ObjectName=2026-HB-6063
Common questions
- What does "Corporate income tax: credits; credit for student loan payments made by employer on behalf of a qualified employee who received 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. 679. TIE BAR WITH: HB 6061'26, HB 6062'26, HB 6064'26, 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 employees who earned a diploma…
- When was it published?
- It was published on June 9, 2026.