Michigan HB4663 allows liquor licensees to donate profits to certain nonprofits.
Michigan HB4663 amends the Michigan Liquor Control Act to permit liquor licensees to donate a portion of their profits to organizations exempt from taxation under section 501(c)(3) of the Internal Revenue Code. The donation must be recorded in the licensee's financial records before it is made. If the recipient organization has a special license, the donation cannot be used to pay for the event associated with that license.
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