“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.”