Individual income tax: credit; credit for certain qualified home improvements; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 253.

This bill creates a tax credit for Michigan homeowners who make specific improvements to their primary residence starting in the 2025 tax year. Homeowners can claim a credit equal to 10% of their qualified improvement expenses, up to a maximum of $3,000, provided they submit proof of the costs to the state department. The legislation defines qualified improvements as renovations that add value, extend the property's useful life, or improve energy efficiency, such as kitchen or bathroom updates and structural changes. If the calculated credit is larger than the taxpayer's total tax liability for the year, the excess amount will be refunded to the homeowner.