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state_legiscan_drain · MI

Individual income tax: property tax credit; definition of homestead; modify. Amends sec. 508 of 1967 PA 281 (MCL 206.508).

November 6, 2025

Summary

If enacted, this bill would modify the definition of 'homestead' for purposes of the Michigan homestead property tax credit under MCL 206.508. The change could affect eligibility and calculation of the credit for taxpayers.

AI-generated summary · Jun 14, 2026. Verify with your compliance counsel before acting.

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Source: https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-5236

Common questions

What does "Individual income tax: property tax credit; definition of homestead; modify. Amends sec. 508 of 1967 PA 281 (MCL 206.508)." cover?
If enacted, this bill would modify the definition of 'homestead' for purposes of the Michigan homestead property tax credit under MCL 206.508. The change…
When was it published?
It was published on November 6, 2025.

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