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HB 5275

Individual income tax: property tax credit; definition of disabled veteran and exclusion from credit cap; provide for. Amends secs. 506 & 520 of 1967 PA 281 (MCL 206.506 & 206.520). TIE BAR WITH: HB 5272'25

2025-2026 Regular Session Introduced by Joey Andrews and 29 co-sponsors

Raises the homestead property tax credit cap to $165,400 and ties future caps to CPI starting 2026, expanding eligibility for homeowners (including disabled veterans).

bill electronically reproduced 11/12/2025
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