Property tax: exemptions; continuation of poverty exemption, without subsequent application, for homeowner who previously established eligibility; provide for in certain circumstances. Amends sec. 7u of 1893 PA 206 (MCL 211.7u).

This bill allows homeowners in Michigan who have already qualified for a property tax exemption due to poverty to skip the annual reapplication process for up to three years, provided they continue to own and occupy the home and receive a fixed income from sources like Social Security or public assistance. Under current rules, eligible individuals must file a new claim with their local board of review every year, but this legislation creates an exception for those whose income does not fluctuate significantly, thereby reducing administrative burdens for low-income residents. The law also requires homeowners to file a simple affidavit within 45 days if their living situation changes or if they no longer meet the income requirements, ensuring that the exemption is only maintained for those who remain eligible.