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Michigan – Refundable Payroll Tax Credit

Incentive Type  Industry Recruitment/Support
Eligible Technologies  Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Wind, Biomass, Fuel Cells, CHP/Cogeneration, Miniturbines, Stirling Engines, Hybrid Vehicles, Batteries, Storage, Thermoelectric Energy, Solar Pool Heating, Renewable Fuels, Fuel Cells using Renewable Fuels, Microturbines
Applicable Sectors  Commercial, Industrial
Incentive Amount  Varies, credit is calculated by multiplying the payroll amount attributable to qualified employees by the income tax rate for that year
Maximum Incentive None
Eligible System Size(s) None Listed
Equipment Standards None Listed
Installation Standards None Listed
Start Date  10/17/2002

More Information Contact:

Michigan Department of Treasury
Lansing, MI 48922
Phone: (517) 373-3200
Web Site: http://www.michigan.gov/treasury/

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