← All regulatory updates

state_legiscan_drain · MI

Individual income tax: credit; credit for student loan payments made by certain taxpayers who remained in or returned to this state for employment; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 279a. TIE BAR WITH: HB 6062'26, HB 6063'26, HB 6064'26, HB 6065'26

June 9, 2026

Summary

If enacted, this bill would create a Michigan income tax credit for student loan payments made by taxpayers who remain in or return to the state for employment. The credit is part of a legislative package with HB 6062-6065. It is intended to encourage workers to stay in or move to Michigan.

Source: https://legislature.mi.gov/Bills/Bill?ObjectName=2026-HB-6061

Common questions

What does "Individual income tax: credit; credit for student loan payments made by certain taxpayers who remained in or returned to this state for employment; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 279a. TIE BAR WITH: HB 6062'26, HB 6063'26, HB 6064'26, HB 6065'26" cover?
If enacted, this bill would create a Michigan income tax credit for student loan payments made by taxpayers who remain in or return to the state for…
When was it published?
It was published on June 9, 2026.

Get the free weekly digest

Every mortgage regulatory change, summarized, in your inbox. No account needed.