MI SB0961

Allows disabled veterans and their unremarried surviving spouses to claim property tax exemptions on homesteads by filing an affidavit with the local assessing officer between tax day and the final adjournment of the local board of review.

Once properly filed, an affidavit remains effective for subsequent tax years unless circumstances change, requiring the property owner to file an updated affidavit or written rescission within 30 days of the change.

Extends the exemption to unremarried surviving spouses of disabled veterans who die either before or after the exemption is granted, provided the spouse complies with affidavit requirements.

Defines "disabled veteran" as a Michigan resident who is permanently and totally disabled per the U.S. Department of Veterans Affairs at the 100% rate, receiving specially adapted housing assistance, or rated as individually unemployable.

County treasurers must cancel taxes for eligible disabled veterans who acquire title to exempt property, with each local taxing unit bearing the loss of its tax portion.