MI HB4484

Exempts homesteads owned and used by disabled veterans discharged honorably from the U.S. Armed Forces from property tax collection under Michigan's general property tax act.

Extends property tax exemption to unremarried surviving spouses of disabled veterans who meet eligibility criteria, including those whose veteran spouse died before or after the exemption was granted.

Defines "disabled veteran" as someone determined by the U.S. Department of Veterans Affairs to be permanently and totally disabled at 100% rate, receiving specially adapted housing assistance, or rated as individually unemployable.

Requires disabled veterans or surviving spouses to file an affidavit with local assessing officers between tax day and final board of review adjournment to claim the exemption.

Directs county treasurers to cancel property taxes for eligible disabled veterans and surviving spouses, with each local taxing unit bearing the loss of tax revenue from exempted properties.