KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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SB345 • 2026

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 344'25

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 344'25

Taxes
Active

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

Sponsor
Sarah Anthony (District 21), Michele Hoitenga (District 36), Edward W. McBroom (District 38), Roger Victory (District 31), Erika Geiss (District 1), Joseph N. Bellino Jr. (District 16), Sue Shink (District 14), Dayna Polehanki (District 5), Jeff Irwin (District 15), Stephanie Chang (District 3), Kevin Hertel (District 12)
Last action
2025-05-29
Official status
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
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. 504 & 520 of 1967 PA 281 (MCL 206.504 & 206.520). TIE BAR WITH: SB 344'25

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.
  • 504 & 520 of 1967 PA 281 (MCL 206.504 & 206.520).
  • TIE BAR WITH: SB 344'25

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. 2025-05-29 SJ 49 Pg. 633

    INTRODUCED BY SENATOR SARAH ANTHONY

  2. 2025-05-29 SJ 49 Pg. 633

    REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Official Summary Text

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 344'25