SB 0192
Property tax: exemptions; freeze of taxable value for primary residences of certain senior citizens; provide for. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 7zz.
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill proposes a property tax exemption and freeze for the primary residences of certain senior citizens in Michigan. Beginning in 2026, homeowners aged 63 or older who have continuously lived on the property for at least 10 or 30 years, and whose household income is $40,000 or less, may receive a partial exemption from property taxes. The exemption amount is calculated as the difference between the property's taxable value and its base value, which is determined based on the initial year of application.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.