Bill > HB5407

This bill amends the General Property Tax Act to expand property tax exemptions for disabled veterans and their surviving spouses. Specifically, the bill adds a new category of property tax exemption for the surviving spouse of a veteran or service member who has been determined by the United States Department of Veterans Affairs to be eligible for dependency and indemnity compensation. The bill clarifies and expands the existing exemption for disabled veterans, which applies to those who are permanently and totally disabled, have received special housing assistance, or are deemed individually unemployable. The exemption allows the qualifying individual or their surviving spouse to be exempt from property taxes on their primary residence. The bill also modifies the application and proration processes for these tax exemptions, ensuring that once granted, the exemption remains in effect until rescinded or denied, and provides methods for calculating partial-year exemptions based on when the property is acquired or ownership changes. Additionally, the bill defines key terms such as "disabled veteran," "own," and "veteran" to provide clarity on who qualifies for these tax exemptions.

Government Affairs

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-5407