Bill
SB 938
Individual income tax: credit; credit for the sale of mobile home park or seasonal mobile home to residents or resident's association or cooperative; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 281 & 678. TIE BAR WITH: SB 0937'26
2025-2026 Regular Session
Introduced by Rosemary Bayer and 10 co-sponsors
SB 938 offers a 15% nonrefundable income tax credit to park owners who sell a mobile home park to residents or resident groups, effective 2026.
referred to Committee on Government Operations