State Rep. Rodney Wakeman today introduced a plan to allow expecting parents to claim an income tax exemption for their soon-to-be newborns.
The plan would extend Michigan’s existing exemption for children to fetuses of at least 12 weeks at the end of the tax year.
“Expecting parents are faced with additional expenses and our tax law should reflect that reality,” said Wakeman, of Saginaw Township. “I don’t consider this a new tax exemption – just a logical extension of the exemption for children that Michigan already allows. This change would help incentivize prenatal care and offset the costs of welcoming a newborn into the world.”
Wakeman’s measure, House Bill 4644, has been referred to the House Families, Children and Seniors Committee for consideration.
Rep. Wakeman talks about House passage Wednesday of a bipartisan package of legislation that makes child care more accessible in Michigan, a move he says will help Michigan families and make employment more available.
State Rep. Rodney Wakeman and the Michigan House today approved a new state budget plan that will help Michigan families, workers and job providers continue to recover from the pandemic while taking steps to put the state on stronger financial footing for the future.