2026 House Bill 5997

Individual income tax: property tax credit; homestead property tax credit; increase, and modify income threshold.

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.

AI Analysis – Experimental

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.

Introduced in the House

May 20, 2026

Introduced by Rep. Tyrone Carter (D-1) and two co-sponsors

Co-sponsored by Reps. Regina Weiss (D-5) and Laurie Pohutsky (D-17)

Referred to the Committee on Government Operations