HB 4513: Get a tax deduction for using abandoned oil and gas wells to generate electricity for mining bitcoin (WTF?) << Previous billNext bill >> Introduced May 21, 2025 Official text and analysis Individual income tax: deductions; deduction for income attributable to bitcoin mining under the bitcoin program; provide for. Amends secs. 30, 623 & 815 of 1967 PA 281 (MCL 206.30 et seq.).