HB5997 — 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).

HB5997 — 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). · Informed CitizenryThis bill amends Michigan's Income tax act of 1967 by modifying sections 520 and 522 to establish or modify property and homestead tax credits. Under the amended Section 520, a claimant can claim a…Open in Informed Citizenry