February 1, 2006, Introduced by Senators CLARK-COLEMAN, TOY, GILBERT, VAN WOERKOM, ALLEN, SANBORN, STAMAS, GARCIA, BASHAM, CLARKE, SWITALSKI, JACOBS, PRUSI, THOMAS, LELAND, OLSHOVE, CHERRY, BARCIA, SCOTT, EMERSON, SCHAUER, BRATER and HARDIMAN 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 a serviceperson, veteran, or
3 widow or widower, whose income as defined in this chapter is not
4 more than $7,500.00 per year for years that begin before January
5 1, 2006 or $15,000.00 for years that begin on and after January
6 1, 2006 unless the serviceperson, veteran, or widow or widower
7 receives compensation or a pension paid by the veterans
8 administration or the armed forces of the United States for
9 service incurred disabilities and who meets the requirements of
1 the following schedule:
2 War Person Service in Disability Taxable
3 War % Value
4 Allowance
5 Indian Civil Veteran or 3 months, or No $3,500.00
6 Spanish- veteran's widow 1 day with requirement
7 American or widower discharge
8 Mexican for service-
9 connected
10 disability
11 World War I Widow or widower 3 months, or No $2,500.00
12 World War II of nondisabled 1 day with requirement
13 Korean or nonpensioned discharge
14 veteran for service-
15 connected
16 disability
17 All wars or Pensioned veteran Any No $3,500.00
18 presidential or veteran's requirement
19 executive widow or widower
20 order or
21 presidential
22 proclamation
23 All wars or Veteran with Any 10-50 $3,500.00
24 presidential service-connected
25 executive disability or
26 order or veteran's widow
27 presidential or widower
28 proclamation
29 All wars or Veteran with Any 60-70-80 $4,000.00
30 presidential service-connected
31 executive disability or
32 order or veteran's widow
33 presidential or widower
34 proclamation
35 All wars or Veteran with Any 90-100 $4,500.00
36 presidential service-connected
37 executive disability or
38 order or veteran's widow
39 presidential or widower
40 proclamation
1 All wars or Widow or widower Any No $4,500.00
2 presidential of veteran dying requirement
3 executive in service
4 order or
5 presidential
6 proclamation
7 Current Serviceperson or Any No $3,500.00
8 service serviceperson's requirement
9 widow or widower