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KAS H01765'25_HB6064_INTR_1 5f67nd
HOUSE BILL NO. 6064
A bill to amend 1967 PA 281, entitled
"Income tax act of 1967,"
(MCL 206.1 to 206.847) by adding section 679a.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 679a. (1) For tax years beginning on and after the 1
effective date of the amendatory act that added this section and 2
subject to the limitations under this section, a taxpayer may claim 3
a credit against the tax imposed by this part equal to 25% of the 4
amount paid on a qualified student loan by the taxpayer during the 5
June 09, 2026, Introduced by Reps. Myers -Phillips, Skaggs, Morgan, Snyder, McFall, Pohutsky,
Price, Longjohn, Glanville, Foreman, Rheingans, Andrews, Wooden, Hoskins and Breen and
referred to Committee on Economic Competitiveness.
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KAS H01765'25_HB6064_INTR_1 5f67nd
tax year on behalf of a qualified employee who did not graduate 1
from a high school located in this state or receive a bachelor's, 2
master's, or other higher graduate degree from a postsecondary 3
educational institution located in this state, but relocated to 4
this state for employment with that taxpayer after obtaining a 5
bachelor's, master's, or other higher graduate degree from a 6
postsecondary educational institution. 7
(2) A taxpayer shall not claim a credit under this section for 8
payments made on a qualified student loan on behalf of any single 9
qualified employee for any single tax year that is equal to more 10
than 20% of the average yearly tuition to attend a public 11
university located in this state. 12
(3) To be eligible for the credit under this section, the 13
taxpayer in a form as prescribed by the department shall provide 14
reasonable proof in support of payments claimed to be paid on 15
behalf of a qualified employee for that qualified employee's 16
qualified student loan under this section. The form shall include, 17
at a minimum, all of the following: 18
(a) The taxpayer's federal employer identification number or 19
the Michigan treasury number assigned. 20
(b) The name, address, and graduation date of the qualified 21
employee. 22
(c) The date and amount of each payment made toward a 23
qualified student loan. 24
(d) Any other criteria that the department considers 25
appropriate for the determination of eligibility for the credit 26
under this section. 27
(4) If the credit allowed under this section exceeds the 28
qualified taxpayer's tax liability for the tax year, that portion 29
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KAS H01765'25_HB6064_INTR_1 5f67nd
that exceeds the tax liability for the tax year must be refunded. 1
Enacting section 1. This amendatory act does not take effect 2
unless all of the following bills of the 103rd Legislature are 3
enacted into law: 4
(a) Senate Bill No. ____ (request no. S00316'25) or House Bill 5
No. 6061 (request no. H00316'25). 6
(b) Senate Bill No. ____ (request no. S00317'25) or House Bill 7
No. 6062 (request no. H00317'25). 8
(c) Senate Bill No. ____ (request no. S01002'25) or House Bill 9
No. 6063 (request no. H01002'25). 10
(d) Senate Bill No. ____ (request no. S04326'25) or House Bill 11
No. 6065 (request no. H04326'25). 12