Senate Unanimously Passes Senator O’Brien’s Michigan Families Tax Relief Bill

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LANSING, Mich. — The Michigan Senate on Tuesday unanimously approved Senate Bill 749, which would provide additional tax relief to Michigan families by creating a Michigan income tax credit for dependent care, such as care for children, elderly parents or disabled family members.

“Providing care for our loved ones can be costly and stressful,” said bill sponsor Sen. Margaret O’Brien, R-Portage. “This tax credit can help ease that financial burden and save a typical Michigan family of four nearly $500 annually.”

SB 749 would amend the Income Tax Act to allow, beginning in tax year 2018, a Michigan income tax credit for dependent care that mirrors the one offered at the federal level. A qualifying dependent is defined as a dependent child 12 years old or younger, or a grown child, spouse, or elderly parent who is physically or mentally unable to care for themselves.

“Many face the challenge of providing adequate care for those who depend on them,” Sen. O’Brien said. “My legislation will help hardworking Michigan families provide this critical care by helping to ease the financial stress that is often involved.”

Sen. O’Brien’s legislation is part of a bill package, SBs 748-750, that helps to create tax relief for Michigan families. The legislation brings Michigan’s tax system in line with the federal government and ensures that Michigan families do not see a tax increase.

SB 749 now heads to the House for consideration.

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Photo caption: Sen. Margaret O’Brien, R-Portage, casts her vote in support of Senate Bill 749, her legislation that would provide additional tax relief to Michigan families by creating a Michigan income tax credit for dependent care.