Michigan HB4287 amends individual income tax deductions to include certain broadband expansion grants.
Michigan HB4287 amends the state's individual income tax law to allow deductions for grant money received from various programs aimed at expanding broadband access. These programs include the Broadband Expansion Act of Michigan, the Broadband Equity, Access, and Deployment Program, the Middle Mile Grant Program, and the Connect America Fund. The bill specifies that these deductions apply to tax years beginning on and after January 1, 2023.
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