A bill to amend 1966 PA 346, entitled “State housing development authority act of 1966,” by amending section 22 (MCL 125.1422), as amended by 2012 PA 327, and by adding section 22e.
House Bills 5805, 5806 and 5807 establish a state Housing Opportunity Tax Credit program to incentivize affordable housing development in Michigan, sets annual funding caps and allocation rules, and expands the powers of the State Housing Development Authority, with implementation beginning in 2027.
Co-sponsored by Reps.
Referred to the Committee on Regulatory Reform
Reported with substitute H-1
Referred to the Committee on Rules
Reported with substitute H-1
Substitute H-1 concurred in by voice vote
Substitute H-3 offered
by
The substitute passed by voice vote
Passed in the House 91 to 14 (details)
Motion to give immediate effect
by
The motion prevailed by voice vote
Referred to the Committee of the Whole
