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Property tax exemption for senior citizens' primary residences (SB 292)

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Michigan

2026

This bill would stop property taxes on the primary homes of residents age 70 and older starting with 2026 tax bills. Seniors must own and live in the home and file a claim with their local assessor. The break continues as long as they stay in the home. The state intends to repay cities and counties for lost revenue. Impact: lowers housing costs for seniors on fixed incomes, helping them stay in their homes, while shifting costs to the state budget.

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