The Michigan State Tax Commission published a bulletin announcing procedural changes for the 2026 assessment year. The bulletin outlines several important updates including the 1.027 inflation rate multiplier for the 2026 capped value formula, federal poverty guidelines for poverty exemptions, property classification requirements, Tax Tribunal rule changes, disabled veterans exemption modifications, and personal property tax exemption procedures. [Mich. State Tax Comm’n, Bull. 15-2025, 11/18/25]
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