Individual income tax: deductions; deduction for family leave optimal coverage benefits; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30). TIE BAR WITH: SB 0332'23

This bill amends Michigan's income tax law to allow taxpayers to deduct family leave optimal coverage benefits from their taxable income. The change applies to individuals who pay for these specific family leave insurance plans and directly affects their state tax liability. By adding this new deduction, the legislation reduces the amount of income subject to state taxation for those who utilize the coverage. The bill does not alter how the benefits are calculated or the eligibility requirements for the insurance plans themselves.