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Legislation has been introduced to provide Pell Grant-eligible students enrolled in a post-secondary institution a tax credit to help defray the cost of their education.

 

Under current state law, textbooks purchased for use by students in K-12 are exempt from Michigan sales tax.

 

However, that same financial relief is not afforded to students pursuing higher education.

 

The Senate Bill would allow Pell Grant-eligible students pursuing a college degree or career technical education to receive an income tax credit equal to the amount of sales and use taxes they pay on purchased or rented textbooks required for class.

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