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HB5997 • 2026

Individual income tax: property tax credit; homestead property tax credit; increase, and modify income threshold. Amends secs. 520 & 522 of 1967 PA 281 (MCL 206.520 & 206.522).

Individual income tax: property tax credit; homestead property tax credit; increase, and modify income threshold. Amends secs. 520 & 522 of 1967 PA 281 (MCL 206.520 & 206.522).

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Tyrone Carter (District 1), Regina Weiss (District 5), Laurie Pohutsky (District 17)
Last action
2026-05-21
Official status
bill electronically reproduced 05/20/2026
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Individual income tax: property tax credit; homestead property tax credit; increase, and modify income threshold. Amends secs. 520 & 522 of 1967 PA 281 (MCL 206.520 & 206.522).

Individual income tax: property tax credit; homestead property tax credit; increase, and modify income threshold.

What This Bill Does

  • Individual income tax: property tax credit; homestead property tax credit; increase, and modify income threshold.
  • Amends secs.
  • 520 & 522 of 1967 PA 281 (MCL 206.520 & 206.522).

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-05-21 HJ 40 Pg. 662

    bill electronically reproduced 05/20/2026

  2. 2026-05-20 HJ 39 Pg. 645

    introduced by Representative Rep. Tyrone Carter

  3. 2026-05-20 HJ 39 Pg. 645

    read a first time

  4. 2026-05-20 HJ 39 Pg. 645

    referred to Committee on Government Operations

Official Summary Text

Individual income tax: property tax credit; homestead property tax credit; increase, and modify income threshold. Amends secs. 520 & 522 of 1967 PA 281 (MCL 206.520 & 206.522).