2023 House Bill 4741

Property tax: exemptions; disabled veteran exemption; hold local taxing units harmless for.

A bill to amend 1893 PA 206, entitled “The general property tax act,” by amending section 7b (MCL 211.7b), as amended by 2013 PA 161.

AI Analysis – Experimental

Exempts real property used and owned as a homestead by a disabled veteran, or their surviving spouse, from property tax collection. To qualify, the veteran must have been honorably discharged from the U.S. Armed Forces and meet certain disability criteria set by the U.S. Department of Veterans Affairs.