Michigan · 2025-2026 Regular Session · Bill

SB 345: 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

In committee Last action May 29, 2025: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Plain-language summary

SB 345 is a bill introduced in the Michigan Senate on May 29, 2025. According to its official title, it concerns: 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. Primary sponsor: Sarah Anthony (Democratic). It lists 10 additional sponsors. Most recent recorded action (May 29, 2025): REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION.

Sponsors

Primary sponsor: Sarah Anthony (Democratic). 10 co-sponsors.