2023 Senate Bill 455

Property tax: exemptions; disabled veteran exemption; replace with process to apply for an income tax credit.

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

The bill allows local tax collecting units to claim the homestead credit on their behalf. Eligibility requires filing an affidavit with the local tax collecting unit, detailing property description, ownership, homestead use, veteran status, and authorization for the tax credit claim and direct payment to the local unit.

Introduced in the Senate

July 20, 2023

Introduced by Sen. Sam Singh (D-28)

Referred to the Committee on Finance, Insurance, and Consumer Protection