Housing (Property Taxes)

in committee · Michigan · House Aug 11, 2026

HB 6229: Civil procedure: bankruptcy; bankruptcy exemptions; modify. Amends sec. 5451 of 1961 PA 236 (MCL 600.5451).

Michigan House Bill 6229 significantly increases the amount of personal property that individuals can protect from creditors when filing for bankruptcy under state law. The bill raises exemption limits for key assets, including increasing the homestead exemption to $125,000 (or $200,000 for those over age 65 or disabled), raising the motor vehicle exemption to $15,000, and expanding protections for household goods, tools of trade, and retirement accounts. It also introduces a new mechanism where the state treasurer adjusts these dollar amounts every three years based on changes in the Consumer Price Index and the Home Price Index to account for inflation. These changes apply to bankruptcy cases filed after the bill's effective date, allowing debtors to retain more of their essential assets during the legal process.

Topics ✓ HousingSupports HousingIncreases homestead exemption limits to $125k/$200k, strengthening property rights and protecting homeowners from losing their primary residence in bankruptcy.85% confidence

Sub-Topics Property Taxes

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in committee · Michigan · Senate Aug 26, 2026

SB 1138: Civil procedure: bankruptcy; bankruptcy exemptions; modify. Amends sec. 5451 of 1961 PA 236 (MCL 600.5451).

Michigan Senate Bill 1138 significantly increases the dollar limits for property that debtors can protect from creditors during federal bankruptcy proceedings. The bill raises specific exemption caps, such as increasing the homestead exemption to $125,000 for most individuals and $200,000 for those who are disabled or over age 65, while also boosting limits for household goods, motor vehicles, and business tools. Additionally, it expands protections for retirement accounts by clarifying that IRAs and qualified pension plans are generally exempt, with specific exclusions for recent contributions or amounts subject to court orders for child support and divorce. The legislation establishes a mechanism for the state treasurer to adjust these dollar amounts every three years based on consumer price and home value indices to keep pace with inflation.

Topics ✓ HousingSupports HousingBill increases homestead exemption limits to $125k-$200k, directly protecting property rights and preventing forced sale of homes during bankruptcy.85% confidence

Sub-Topics Property Taxes

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in committee · Michigan · Senate Aug 26, 2026

SB 1137: Civil procedure: execution; procedures for collection of judgments; revise. Amends & adds (See bill).

Michigan Senate Bill 1137 comprehensively revises state civil procedure laws to expand protections for individuals with consumer debts by increasing the value of property exempt from seizure, such as raising the homestead exemption to $125,000 and the household goods exemption to $5,000. The bill establishes a new cap on wage garnishment, limiting creditors to seizing only 15% of an individual's weekly earnings or the amount exceeding 35 times the minimum wage, whichever is less. It also introduces specific procedural safeguards, including requirements for financial institutions to identify and protect exempt funds in deposit accounts and mandates that courts provide debtors with clear notices about their rights before property can be seized. Additionally, the legislation creates a mechanism for periodic inflation adjustments to these exemption amounts and restricts the state from intercepting tax refunds to satisfy consumer debts when the refund includes specific earned income tax credits.

Topics ✓ HousingSupports HousingRaises homestead exemption to $125k and caps wage garnishment, strengthening protections for debtors' housing assets and income.75% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill caps wage garnishment at 15% of earnings and increases property exemptions, directly protecting workers' income from excessive creditor seizure.95% confidence

Sub-Topics Property Taxes Minimum Wage

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in committee · Michigan · House Aug 11, 2026

HB 6230: Civil procedure: execution; procedures for collection of judgments; revise. Amends secs. 4011, 4012, 4015, 4031, 4061a, 6023, 6027, 6059 & 6104 of 1961 PA 236 (MCL 600.4011 et seq.) & adds secs. 4001a, 4032, 4033, 6001a, 6023b, 6023c, 6023d, 6023e, 6023f & 6023g.

Michigan House Bill 6230 comprehensively revises the state's civil procedure laws regarding debt collection, garnishment, and property exemptions to better protect individual consumers. The bill significantly increases the dollar amounts of protected assets, such as raising the household goods exemption from $1,000 to $5,000 and the homestead exemption to $125,000, while also establishing a new earnings protection that limits wage garnishment to the lesser of 15% of weekly income or the amount exceeding 35 times the minimum wage. It introduces specific protections for financial accounts by requiring banks to identify and shield funds originating from exempt sources like public assistance or tax credits over a 90-day period, and it mandates that courts provide debtors with clear notices about their rights to claim exemptions before any property seizure occurs. Additionally, the legislation creates a mechanism for periodic inflation adjustments to these exemption limits and restricts the state treasurer from intercepting specific earned income tax credits when collecting consumer debts.

Topics ✓ HousingSupports HousingBill increases the homestead exemption to $125,000 and limits wage garnishment, directly protecting property rights and tenant financial stability.85% confidence ✓ Labor & EmploymentSupports Labor & EmploymentBill increases wage protection limits and raises asset exemptions for debtors, directly strengthening financial security and rights for workers facing garnishment.85% confidence

Sub-Topics Property Taxes Minimum Wage

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in committee · Michigan · Senate Aug 26, 2026

SB 1128: Insurance: property and casualty; grants for certain properties to resist loss due to common weather-related perils; provide for. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding ch. 29A.

Michigan Senate Bill 1128 establishes the "Strengthen MI Homes" program to provide grants for retrofitting owner-occupied, single-family homes to meet fortified roof standards that resist weather-related perils such as tornadoes and hail. To qualify, homeowners must have a homestead exemption, obtain an evaluation from a certified inspector, and hire a licensed contractor who meets specific insurance and training requirements. The bill creates the Strengthen MI Home Fund within the Department of Treasury to finance these grants and administrative costs, though the program only operates if the legislature appropriates sufficient funding. Grant payments are released directly to contractors only after a final inspection confirms the home meets the required safety standards, and participants must maintain active property insurance to receive benefits.

Topics ✓ HousingSupports HousingBill funds grants to retrofit homes for weather resistance, protecting property value and safety for owner-occupied single-family residences.75% confidence

Sub-Topics Homeownership Property Taxes

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in committee · Michigan · House Aug 27, 2026

HB 6271: Individual income tax: credit; credit for permits associated with building a new single-family residential unit; provide for.

Michigan House Bill 6271 creates a new individual income tax credit for taxpayers who pay local building permit fees to construct a new single-family home. Starting with the 2027 tax year, eligible individuals can claim a credit equal to their actual permit costs, up to a maximum of $2,500 per year. The bill requires taxpayers to provide reasonable proof of these expenses to the state department if requested. If the total credit amount is greater than the taxpayer's annual income tax liability, the excess portion must be refunded to the taxpayer rather than being lost.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates a new individual income tax credit to reduce tax liability for homebuilders, providing direct fiscal relief and incentivizing construction.85% confidence ✓ HousingSupports HousingBill provides a tax credit to offset building permit costs for new single-family homes, incentivizing residential construction and housing development.75% confidence

Sub-Topics Income Tax Tax Credits Affordable Housing Building Codes Property Taxes

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in committee · Michigan · Senate Jun 18, 2026

SB 1045: 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).

SB 1045 clarifies the definition of "owner" for Michigan's homestead property tax credit by explicitly including individuals who place their primary residence into a revocable trust or a qualified personal residence trust. This change ensures that people using these specific types of trusts to hold their homes can still qualify for the tax credit, which is designed to help offset property taxes for homeowners. The bill amends the state's income tax act to update this eligibility rule without altering other parts of the tax code or the credit amount itself.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill clarifies eligibility for the homestead property tax credit, ensuring homeowners using trusts receive tax relief and protecting state revenue stability.90% confidence ✓ HousingSupports HousingBill clarifies eligibility for property tax credits, protecting homeowners' financial benefits and supporting housing stability.85% confidence

Sub-Topics Income Tax Property Tax Tax Credits Property Taxes

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in committee · Michigan · House May 21, 2026

HB 5997: Individual income tax: property tax credit; homestead property tax credit; increase, and modify income threshold. Amends secs. 520 & 522 of 1967 PA 281 (MCL 206.520 & 206.522).

This bill proposes changes to Michigan's individual income tax law by adjusting the income limits for the property tax credit and the homestead property tax credit. Specifically, it seeks to increase the income thresholds that determine eligibility for these credits, which are financial benefits designed to help homeowners offset their property tax bills. The legislation directly affects Michigan residents who claim these credits on their state tax returns, as it would alter the income levels required to qualify for them. By amending specific sections of the state's Income Tax Act, the bill aims to modify how much income a taxpayer can earn while still receiving these tax reductions.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill increases income thresholds for property tax credits, providing tax relief to homeowners and protecting lower/middle-income residents from higher tax burdens.90% confidence ✓ HousingSupports HousingBill increases income thresholds for property tax credits, expanding financial relief for homeowners and enhancing housing affordability.85% confidence

Sub-Topics Income Tax Property Tax Tax Credits Property Taxes

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in committee · Michigan · House May 21, 2026

HB 5998: Property tax: exemptions; exemption for certain remodeling and renovations; provide for. Amends sec. 27 of 1893 PA 206 (MCL 211.27).

This bill updates Michigan's property tax laws to ensure homeowners are not penalized with higher taxes for spending money on normal home repairs and maintenance. It specifically lists common improvements, such as painting, roof repairs, and replacing heating systems, that should be excluded from property value calculations until the home is sold. Additionally, the bill requires assessors to ignore certain costs included in a home's purchase price, such as financing fees and survey expenses, when calculating property taxes. These changes aim to provide clarity and fairness for residential property owners and agricultural landowners by standardizing how specific expenditures are treated during assessments.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides property tax exemptions for home repairs, reducing tax burdens and protecting homeowners from higher taxes due to maintenance costs.90% confidence ✓ HousingSupports HousingBill protects homeowners from tax penalties on necessary repairs, preserving home equity and stability.75% confidence

Sub-Topics Property Tax Property Taxes

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in committee · Michigan · House May 21, 2026

HB 6003: Property tax: other; surcharge for certain properties; provide for. Creates new act. TIE BAR WITH: HB 5996'26, HB 5997'26, HB 5998'26, HB 5999'26, HB 6000'26, HB 6001'26

This bill creates a new annual surcharge on high-value second homes in Michigan that are not the owner's primary residence and have a true cash value of at least $1 million. The surcharge rates range from 2% to 5% depending on the property's value, with the Department of Treasury responsible for collecting and administering the fees. All money collected from the surcharge will be placed in a special fund to reimburse schools and local governments for revenue lost due to recent property tax exemptions and other tax credits.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill imposes a surcharge on high-value second homes to reimburse schools and local governments, closing a loophole and increasing revenue for public services.95% confidence ✓ HousingSupports HousingBill imposes surcharge on high-value second homes to fund school and local government revenue, indirectly supporting affordable housing by reducing pressure on primary residence markets.85% confidence

Sub-Topics Fees & Licensing Property Tax Property Taxes

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