MI HB4741

Disabled veterans who own and use property as a homestead are exempt from property tax collection under the General Property Tax Act.

For taxes levied before January 1, 2023, each local taxing unit bears the loss of its portion of taxes on exempted properties; for taxes levied after December 31, 2022, the state shall reimburse local taxing units for their portion of lost taxes.

Surviving spouses of deceased disabled veterans may continue the exemption if they remain unmarried and continue to use and own the same homestead property (replaces prior requirement that exemption continue only while surviving spouse remains unmarried).

"Disabled veteran" is defined as a resident of Michigan who meets one of three criteria: (1) determined by the U.S. Department of Veterans Affairs to be permanently and totally disabled and entitled to 100% veterans' benefits; (2) holds a certificate from the Department of Veterans Affairs for pecuniary assistance for specially adapted housing; or (3) rated by the Department of Veterans Affairs as individually unemployable.

Clarifies grammatical language and standardizes references to "Armed Forces" and "Department of Veterans Affairs" throughout the statute.