A bill to amend 1972 PA 284, entitled “Business corporation act,” (MCL 450.1101 to 450.2098) by amending the title and by adding section 262.
Restricts private equity firms from leasing single-family homes if they own a significant number in a municipality or statewide, imposing fines for violations and directing those funds to support community housing stability.
Introduced
by
Referred to the Committee on Housing and Human Services
