A bill to prohibit certain companies from acquiring or purchasing certain residential property; to provide for the powers and duties of certain state officers and entities; and to prescribe certain penalties, civil sanctions, and remedies.
House Bills 5928, 5929 and 5930 prohibit hedge funds from acquiring or purchasing single-family homes in Michigan, with certain exceptions, to prioritize residential housing for individuals and families.
Co-sponsored by Reps.
Referred to the Committee on Regulatory Reform
