February 7, 2007, Introduced by Senators ALLEN, KUIPERS, GARCIA, OLSHOVE, HARDIMAN, GILBERT and ANDERSON and referred to the Committee on Finance.
A bill to amend 1967 PA 281, entitled
"Income tax act of 1967,"
by amending section 506 (MCL 206.506), as amended by 1996 PA 484.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 Sec. 506. "Eligible serviceperson", "eligible veteran", and
2 "eligible widow or widower" means mean a
serviceperson, veteran,
3 or widow or widower, whose income as defined in this chapter is
4 not more than $7,500.00 per year unless the serviceperson,
5 veteran, or widow or widower receives compensation paid by the
6 veterans administration or the armed forces of the United States
7 for service incurred disabilities and who meets the requirements
8 of the following schedule:
1 War Person Service in Disability % Taxable
2 War Value
3 Allowance
4
5 Indian
Veteran or 3 months, or No $3,500.00
6 Civil veteran's widow 1 day with requirement $5,500.00
7 Spanish- or widower discharge
8 American for service-
9 Mexican connected
10 disability
11
12 World
War I Widow or widower 3 months, or No $2,500.00
13 World War II of nondisabled 1 day with requirement $4,500.00
14 Korean or nonpensioned discharge
15 veteran for service-
16 connected
17 disability
18
19 All
wars or Pensioned veteran Any No $3,500.00
20 presidential or veteran's requirement $5,500.00
21 executive widow or widower
22 order or
23 presidential
24 proclamation
25
26 All
wars or Veteran with Any 10-50 $3,500.00
27 presidential service-connected $5,500.00
28 executive disability or
29 order or veteran's widow
30 presidential or widower
31 proclamation
1
2 All
wars or Veteran with Any 60-70-80 $4,000.00
3 presidential service-connected $6,000.00
4 executive disability or
5 order or veteran's widow
6 presidential or widower
7 proclamation
8
9 All
wars or Veteran with Any 90-100 $4,500.00
10 presidential service-connected $6,500.00
11 executive disability or
12 order or veteran's widow
13 presidential or widower
14 proclamation
15
16 All
wars or Widow or widower Any No $4,500.00
17 presidential of veteran dying requirement $6,500.00
18 executive in service
19 order or
20 presidential
21 proclamation
22
23 Current
Serviceperson or Any No $3,500.00
24 service serviceperson's requirement $5,500.00
25 widow or widower
26 Enacting section 1. This amendatory act takes effect for tax
27 years that begin on and after January 1, 2007.