Individual income tax: credit; credit for qualified expenditures attributable to supplies, repairs, and restoration after a declared state of emergency. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 282.

HB 4387 creates a temporary 2025 income tax credit for Michigan residents affected by a severe winter storm and ice storm declared a state of emergency by Governor Whitmer on March 31, 2025. It allows eligible taxpayers to claim a credit of up to $5,000 for qualified expenses directly related to repairing or restoring homes, property, or businesses damaged by the emergency - such as purchasing generators, chainsaws, or building materials. To qualify, taxpayers must reside in the declared emergency area, provide proof of expenses (including federal ID and property address), and confirm expenses weren’t reimbursed. The credit applies only to the 2025 tax year and cannot exceed the taxpayer’s total tax liability for that year.