MI HB4516

Allows disabled veterans who missed the filing deadline to retroactively claim property tax exemptions for 2013 and 2014 tax years by filing an affidavit with the local assessing officer during the 2015 board of review period.

Defines "disabled veteran" as a Michigan resident who meets one of three criteria: (1) determined by the U.S. Department of Veterans Affairs to be permanently and totally disabled at the 100% rate, (2) has a certificate for receiving pecuniary assistance for specially adapted housing, or (3) has been rated individually unemployable by the U.S. Department of Veterans Affairs.

Extends homestead property tax exemptions to unremarried surviving spouses of eligible disabled veterans who die before or after the exemption is granted, provided the surviving spouse files an affidavit and remains unmarried.

Requires county treasurers to cancel property taxes for any year a disabled veteran acquires title to exempt property, with each local taxing unit absorbing its portion of lost tax revenue.

Takes effect 90 days after enactment.