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HB 4513: Get a tax deduction for using abandoned oil and gas wells to generate electricity for mining bitcoin (WTF?)
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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.).

Sponsor: Mike McFall
Cosponsors: Bryan Posthumus, Alabas Farhat, Tom Kunse, Tyrone Carter, Jason Woolford, William Bruck
Referred to House Communications and Technology Committee




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