Michigan HB5119 amends the state's income tax law to allow tax-exempt organizations to claim a work opportunity tax credit.

Michigan HB5119 amends the state's income tax law by adding a new section allowing tax-exempt organizations to claim a work opportunity tax credit against the taxes required to be withheld and remitted to the state. This credit applies to qualified wages paid to qualified employees, which are employees who are residents of Michigan and have been certified by the Michigan unemployment insurance agency as members of a targeted group. The credit is equal to 50% of the amount of the credit the employer is allowed to claim under federal law.

Michigan HB5119 amends the state's income tax law to allow tax-exempt organizations to claim a work opportunity tax credit.

Michigan HB5119 amends the state's income tax law by adding a new section allowing tax-exempt organizations to claim a work opportunity tax credit against the taxes required to be withheld and remitted to the state. This credit applies to qualified wages paid to qualified employees, which are employees who are residents of Michigan and have been certified by the Michigan unemployment insurance agency as members of a targeted group. The credit is equal to 50% of the amount of the credit the employer is allowed to claim under federal law.