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Individual income tax: property tax credit; definition of homestead; modify. Amends sec. 508 of 1967 PA 281 (MCL 206.508).
Key claim: SB1044 proposes to modify the definition of ‘homestead’ in Michigan’s individual income tax act to adjust eligibility or scope of the property tax credit.
Abstract
(SB1044 · 103rd Legislature) Individual income tax: property tax credit; definition of homestead; modify. Amends sec. 508 of 1967 PA 281 (MCL 206.508). Latest action (2026-06-18): Referred To Committee On Finance, Insurance, And Consumer Protection
Why this matters
SB1044 proposes to modify the definition of ‘homestead’ in Michigan’s individual income tax act to adjust eligibility or scope of the property tax credit.