Individual income tax: deductions; deductions for contributions to Trump Accounts; provide for. Amends sec. 30 of 1967 PA 281 (MCL 206.30) & adds sec. 51i.

Senate Bill 911 amends Michigan's individual income tax law to allow taxpayers to deduct contributions made to 'Trump Accounts.' This change directly affects Michigan residents filing state income tax returns who make donations to these specific accounts. The bill modifies existing tax code sections to include this new deduction alongside other standard tax adjustments for retirement benefits and charitable contributions. By adding this provision, the legislation creates a new tax incentive specifically for supporting these designated political accounts.