The House Tax Policy Committee this morning unanimously approved legislation introduced by Rep. Ben Glardon to help disabled veterans in Michigan by exempting them from paying property taxes on their principal residence.
House Bill 4110, introduced by Glardon, allows all honorably discharged veterans of the U.S. armed forces or National Guard who are totally and permanently disabled as a result of a service-connected disability to be fully exempt from property taxes on their principal residences.
“There are many ways we can thank veterans for their service, and although personally thanking them is a great start, we also need to thank them in more tangible ways as well,” said Glardon, R-Owosso. “Disabled veterans have made tremendous sacrifices while in service, and continue to face challenges here at home. Exempting these brave heroes from property taxes will help them save money that could be used for other needed expenses.”
The exemption would also extend to the veteran’s surviving spouse who has not remarried.
Tax revenues would only be minimally reduced due to the legislation, according to the nonpartisan House Fiscal Agency.
HB 4110 now goes to the Michigan House chamber for consideration.