MI SB0176

Amends the disabled veteran property tax exemption to allow exemptions granted for taxes levied on or after January 1, 2025 to remain in effect without requiring annual reapplication, unless rescinded by the individual or denied by the assessor.

Extends exemption eligibility to surviving spouses of disabled veterans who were eligible at the time of death, allowing the surviving spouse to maintain the exemption on any homestead property as long as they do not remarry.

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

Establishes proration methods for partial-year exemptions based on closing documents, calendar day calculations, or the effective date of exemption removal, with no refunds for pre-levied taxes paid at closing.

Effective October 19, 2023, contingent upon Senate Bill 330 of the 102nd Legislature being enacted into law.