MI HB5565

Allows disabled veterans and their unremarried surviving spouses to file a single property tax exemption affidavit covering both the year of property acquisition and the immediately following year, with the filing deadline extended to the final adjournment of the local board of review in the second year.

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

Exempts real property used and owned as a homestead by eligible disabled veterans from property tax collection, with local taxing units bearing the loss of their portion of taxes on exempt properties.

Extends the homestead tax exemption to unremarried surviving spouses of disabled veterans who die before or after the exemption is granted, with the exemption continuing for as long as the spouse remains unmarried.

Makes grammatical and stylistic corrections throughout the statute, including capitalizing "Armed Forces" and "Department of Veterans Affairs" and replacing "shall" with present tense verbs.