2023 House Bill 4894

Individual income tax: property tax credit; replacement of disabled veterans property tax exemption with a property tax credit for disabled veterans; provide for.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending sections 520, 522, and 524 (MCL 206.520, 206.522, and 206.524), sections 520 and 522 as amended by 2015 PA 179 and section 524 as amended by 1987 PA 254, and by adding section 521.

Official record

House Fiscal Agency Analysis

House Bills 4894 and 4895 would respectively amend the Income Tax Act and the General Property Tax Act to provide a mechanism for the state to reimburse local units of government for the property tax exemption available to veterans classified as 100% disabled and their surviving spouses.

Introduced in the House

July 18, 2023

Introduced by Rep. Nate Shannon (D-58) and 15 co-sponsors

Co-sponsored by Reps. John Fitzgerald (D-83), John Roth (R-104), Julie Rogers (D-41), Jaime Churches (D-27), Tullio Liberati (D-2), Mike McFall (D-8), Natalie Price (D-5), Jennifer Conlin (D-48), Jimmie Wilson (D-32), Sharon MacDonell (D-56), Brian BeGole (R-71), Cameron Cavitt (R-106), Joseph Aragona (R-60), Doug Wozniak (R-59) and William Bruck (R-30)

Referred to the Committee on Local Government and Municipal Finance