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/