2026 House Bill 5967

Individual income tax: other; first-time home buyer savings program; extend sunset.

A bill to amend 2022 PA 6, entitled “Michigan first-time home buyer savings program act,” by amending section 5 (MCL 565.1005).

AI Analysis – Experimental

House Bills 5967 and 5973 extend the Michigan First-Time Home Buyer Savings Program through 2031 and clarifies account ownership and contribution rules to further support first-time homebuyers.