2025-2026 Regular Session • Michigan Legislature
SB0345
Legislative Summary
Individual income tax: property tax credit; homestead property tax credit; increase, and modify income threshold. Amends secs. 504 & 520 of 1967 PA 281 (MCL 206.504 & 206.520). TIE BAR WITH: SB 0344'25
Demographic Impact
Overall analysis of equity impact
70% Positive
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Bill History
5/29/2025
Introduced By Senator Sarah Anthony
Senate
5/29/2025
Referred To Committee On Finance, Insurance, And Consumer Protection
Senate
Status Information
Current Status
Introduced(5/29/2025)
Chamber
Senate
Committee
Finance, Insurance, And Consumer Protection(Senate)
