Bill
HB 4088
Individual income tax: property tax credit; taxable value cap on homestead eligibility for credit; increase and modify adjustment factor. Amends sec. 520 of 1967 PA 281 (MCL 206.520).
2025-2026 Regular Session
Introduced by Joey Andrews and 7 co-sponsors
The bill raises the homestead tax-credit eligibility cap to $196,500 for 2025 and later ties future cap increases to the FHFA House Price Index.
referred to second reading