SB1045 — Individual income tax: property tax credit; owner and eligibility of a homestead placed in certain trusts; clarify. Amends sec. 510 of 1967 PA 281 (MCL 206.510).

SB1045 — Individual income tax: property tax credit; owner and eligibility of a homestead placed in certain trusts; clarify. Amends sec. 510 of 1967 PA 281 (MCL 206.510). · Informed CitizenryThis bill amends the Income Tax Act of 1967 to clarify the definition of 'income' and the definition of 'owner' for the purpose of property tax credits. It specifies that 'income' includes federal…Open in Informed Citizenry