2026 House Bill 5929

Property: land sales; definition of a crime as related to property eligible for forfeiture; modify.

A bill to amend 1961 PA 236, entitled “Revised judicature act of 1961,” by amending section 4701 (MCL 600.4701), as amended by 2018 PA 284.

AI Analysis – Experimental

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.

Introduced in the House

April 30, 2026

Introduced by Rep. Dylan Wegela (D-26) and six co-sponsors

Co-sponsored by Reps. Alabas Farhat (D-3), Carrie Rheingans (D-47), Matt Longjohn (D-40), Mike McFall (D-14), Tonya Myers Phillips (D-7) and Jason Morgan (D-23)

Referred to the Committee on Regulatory Reform