2026 Senate Bill 1045

Individual income tax: property tax credit; owner and eligibility of a homestead placed in certain trusts; clarify.

A bill to amend 1967 PA 281, entitled “Income tax act of 1967,” by amending section 510 (MCL 206.510), as amended by 2011 PA 172.

Official record

AI Analysis – Experimental

Amends Michigan's Income Tax Act to clarify income exclusions, expand health insurance premium deductions, and broaden the definition of property ownership for tax purposes.

Introduced in the Senate

June 18, 2026

Introduced by Sen. Kevin Daley (R-26) and 14 co-sponsors

Co-sponsored by Sens. Ed McBroom (R-38), Dan Lauwers (R-25), Ruth Johnson (R-24), John Damoose (R-37), Lana Theis (R-22), Aric Nesbitt (R-20), Rick Outman (R-33), Roger Victory (R-31), Jon Bumstead (R-32), Mark Huizenga (R-30), Michael Webber (R-9), Jonathan Lindsey (R-17), Joseph Bellino (R-16) and Thomas Albert (R-18)

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