Section 206.506 - “Eligible serviceperson,”“eligible veteran,” and “eligible widow or widower” defined.
INCOME TAX ACT OF 1967 (EXCERPT)
Act 281 of 1967
206.506 “Eligible serviceperson,”“eligible veteran,” and “eligible widow or widower” defined.
Sec. 506.
"Eligible serviceperson", "eligible veteran", and "eligible widow or widower" means a serviceperson, veteran, or widow or widower, whose income as defined in this chapter is not more than $7,500.00 per year unless the serviceperson, veteran, or widow or widower receives compensation paid by the veterans administration or the armed forces of the United States for service incurred disabilities and who meets the requirements of the following schedule:
War Person Service in Disability % Taxable War Value Allowance Indian Veteran or 3 months, or No $3,500.00 Civil veteran's widow 1 day with requirement Spanish- or widower discharge American for service- Mexican connected disability World War I Widow or widower 3 months, or No $2,500.00 World War II of nondisabled 1 day with requirement Korean or nonpensioned discharge veteran for service- connected disability All wars or Pensioned veteran Any No $3,500.00 presidential or veteran's requirement executive widow or widower order or presidential proclamation All wars or Veteran with Any 10-50 $3,500.00 presidential service-connected executive disability or order or veteran's widow presidential or widower proclamation All wars or Veteran with Any 60-70-80 $4,000.00 presidential service-connected executive disability or order or veteran's widow presidential or widower proclamation All wars or Veteran with Any 90-100 $4,500.00 presidential service-connected executive disability or order or veteran's widow presidential or widower proclamation All wars or Widow or widower Any No $4,500.00 presidential of veteran dying requirement executive in service order or presidential proclamation Current Serviceperson or Any No $3,500.00 service serviceperson's requirement widow or widower
History: Add. 1973, Act 20, Imd. Eff. May 16, 1973 ;-- Am. 1987, Act 254, Imd. Eff. Dec. 28, 1987 ;-- Am. 1996, Act 484, Eff. Jan. 1, 1996
Compiler's Notes: Subsection (1) of Section 3 of Act 484 provides:“Section 3. (1) Sections 264, 274, 439, 440, 471, 475, 506, 512, 522, and 527a of Act No. 281 of the Public Acts of 1967, as amended by this amendatory act, are retroactive and effective January 1, 1996.”