Michigan2026Active
HB4057
Deducting Child Care Savings Contributions from Income Tax
Last scannedOct 18, 2026, 4:15 AM
In one sentence
This bill changes state tax rules to allow taxpayers to deduct contributions made to a child care savings account.
What it does
- Amends section 30 of the Individual Income Tax Act (1967 PA 281).
- Allows deductions for contributions to a child care savings account.
Who it affects
- Taxpayers who contribute money to a child care savings account.
Limits and unknowns
- The official text does not state the maximum dollar amount allowed for this deduction.
- The source material does not define what qualifies as a child care savings account.
- No effective date is listed in the provided information.
Official record
Sources
Read the official summary
Individual income tax: deductions; contributions to a child care savings account; deduct. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: HB 4056'25