Theis votes to approve bills giving families and seniors tax relief

first_img Categories: Theis News 25Jan Theis votes to approve bills giving families and seniors tax relief State Rep. Lana Theis of Brighton joined her colleagues in the Michigan House today in approving legislation giving Michigan families and seniors broader income tax relief.The legislation continues and increases personal exemptions for Michigan taxpayers and their dependents on their state income taxes. Other bills in the package provide additional tax relief for senior citizens.“Any tax relief is great for Michigan’s economy,” Theis said. “This legislation will allow taxpayers from all industries – first responders, teachers, office workers and factory workers – to spend their hard-earned money where they want it spent. Providing a tax credit on top of the personal exemption increase for our senior filers is important and well-deserved.”One of the bills ensures Michigan taxpayers will be able to continue claiming personal exemptions on their income taxes after federal tax reforms signed into law last month. In addition, the legislation increases the state personal exemption from the current $4,000 to $4,800 by the 2020 tax year.Another measure provides a tax credit for those 62 and older — $100 for single filers and $200 for joint filers – in addition to the personal exemption increase. A third bill would allow taxpayers in Michigan cities with an income tax to continue to claim exemptions.The House specifically added a provision to make sure public school funding is not affected by the proposal.House Bills 5420-22 advance to the Senate for consideration.last_img

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