2023 Senate Bill 96

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

Aims to assist disabled veterans or their widows/widowers by allowing them to defer property tax collection. It also enables local tax units to claim a homestead credit on their behalf. To be eligible, taxpayers must submit an affidavit to their local tax unit detailing property specifics, ownership, veteran status, and authorization for the tax credit claim and direct payment to the tax unit.

Introduced in the Senate

March 1, 2023

Introduced by Sen. Jon Bumstead (R-32) and six co-sponsors

Co-sponsored by Sens. Joseph Bellino (R-16), Rick Outman (R-33), Kevin Daley (R-26), Ruth Johnson (R-24), Paul Wojno (D-10) and Mark Huizenga (R-30)

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