Individual income tax: credit; employer work opportunity tax credit for qualified employees; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279 & 679.

This bill allows Michigan employers to claim a state income tax credit equal to 50% of the federal Work Opportunity Tax Credit they receive for hiring employees from specific targeted groups. To qualify, workers must be certified by the Michigan unemployment insurance agency, and the credit applies only to wages paid to these individuals during the tax year. The legislation also clarifies that any portion of the credit exceeding the employer's tax liability will not be refunded, and it outlines how flow-through entities can claim their share of the credit.