Individual income tax: other; qualified higher education expenses under the Michigan education savings program; conform with most recent federal modifications. Amends secs. 2 & 16 of 2000 PA 161 (MCL 390.1472 & 390.1486).

This bill updates Michigan's education savings program rules to align with recent changes in federal tax law. It specifically allows account owners to use their savings for qualified expenses related to apprenticeships and student loan interest, in addition to traditional tuition and fees. The legislation also clarifies that withdrawals used for these new purposes remain tax-free, provided they meet other federal requirements. By amending state tax definitions, the law ensures that the program continues to offer tax benefits consistent with current national standards.