Modifies property tax exemption for disabled veterans in Michigan.
This bill amends the property tax exemption for disabled veterans in Michigan. It specifies that real property used and owned as a homestead by a disabled veteran or their surviving spouse is exempt from property taxes. The exemption continues as long as the surviving spouse does not remarry. To obtain the exemption, the veteran or their designee must file an application with the local assessing officer. The exemption applies to all property taxes for the current tax year, and if the property is not used as a homestead for the entire year, the exemption is prorated.
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