Snyder signs tax relief legislation for families of disabled veterans Also signs two other bills Tuesday, Nov. 12, 2013 LANSING, Mich - Gov. Rick Snyder today signed legislation that extends the current homestead property tax exemption for disabled military veterans to a veteran’s spouse if the veteran passes away before the tax break is granted. The existing property tax exemption eases the cost of home ownership for military veterans who were honorably discharged and are disabled and unable to work. “Michigan’s military veterans, particularly those who are disabled, have sacrificed more for us than we can ever repay,” Snyder said. “They have served to protect our way of life and our freedom. This property tax break will be available to their families will help them afford homes and stay right here in Michigan.” Senate Bill 352, sponsored by state Sen. Dave Hildenbrand, is now Public Act 161 of 2013. It also requires that the spouse would need to remain unmarried for the exemption to continue. “Michigan’s disabled veterans have served our state and nation valiantly and selflessly,” Hildenbrand said. “We owe our freedom to these individuals and should provide the tax relief necessary for them to be successful homeowners. This legislation improves the current property tax exemption by streamlining the process and guaranteeing this benefit for these veterans and their spouses.”
Posted on: Mon, 02 Dec 2013 19:49:17 +0000
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