A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending sections 520 and 522 (MCL 206.520 and 206.522), as amended by 2015 PA 179.
Expands and increases Michigan's homestead property tax credit by raising eligibility caps, increasing credit amounts, and indexing key thresholds to inflation, thereby enhancing property tax relief for homeowners and renters.
Co-sponsored by Reps.
Referred to the Committee on Government Operations