2025 House Bill 5272

Individual income tax: property tax credit; credit for disabled veteran or widow or widower of disabled veteran who rents or leases a homestead; provide for and exclude from cap.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending sections 522 and 530 (MCL 206.522 and 206.530), section 522 as amended by 2015 PA 179 and section 530 as amended by 2011 PA 38.

AI Analysis – Experimental

House Bills 5272 and 5275 update Michigan’s homestead property tax credit system by expanding and standardizing eligibility for seniors, disabled individuals, veterans, and low-income households, increasing benefit amounts, adding inflation adjustments and anti-discrimination safeguards for renters, and clarifying administrative procedures, all contingent on related legislation.