Low Income Housing Tax Credit (State Housing Development Authority Act)

Current understanding

Michigan SB 0966 would amend section 22 of the State Housing Development Authority Act (1966 PA 346, MCL 125.1422) and add a new section 22e to establish a state low income housing tax credit administered in connection with the individual income tax. The bill is tie-barred with SB 0967 and SB 0968, so none take effect unless all are enacted. SB 0966 has passed a chamber; specific credit amounts, per-project caps, aggregate program caps, and allocation/administration mechanics remain to be captured from the statutory text.

Evidence log

• 2026-06-18 — Insurance: other; state low-income housing tax credit; create. Amends secs. 476a & 476b of 1956 PA 218 (MCL 500.476a & 500.476b). TIE BAR WITH: SB 0966’26, SB 0967’26: 2026-07 — SB 0968 (passed chamber, tie-barred with SB 0966 & SB 0967) amends secs. 476a & 476b of the Insurance Code to allow the Senate LIHTC to be applied against the insurance retaliatory tax — the insurance-tax leg of the Senate three-bill package anchored in the State Housing Development Authority Act. (novelty: 3)
• 2026-06-18 — Individual income tax: credit; state low-income housing tax credit; create. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 279, 679 & 821. TIE BAR WITH: SB 0966’26, SB 0968’26: 2026-07 — SB 0967 (passed chamber), the individual income tax credit leg of the Senate LIHTC package, adds secs. 279, 679 & 821 to 1967 PA 281 and is tie-barred with SB 0966 (SHDA administering act) and SB 0968, so none take effect unless all three are enacted. (novelty: 3)
• 2026-06-25 — Housing: housing development authority; housing opportunity tax credit program; establish and administer. Amends sec. 22 of 1966 PA 346 (MCL 125.1422) & adds sec. 22e. TIE BAR WITH: HB 5806’26, HB 5807’26: cross-connection with housing-opportunity-tax-credit: Both HB 5805 and the Senate LIHTC package (SB 0966) amend sec. 22 of 1966 PA 346 and add a sec. 22e to the State Housing Development Authority Act, layering distinct MSHDA-administered housing tax credit programs onto the same statutory hook. (novelty: 3)
• 2026-06-25 — Housing: other; housing and community development fund; modify. Amends secs. 58 & 58b of 1966 PA 346 (MCL 125.1458 & 125.1458b). TIE BAR WITH: HB 4540’25: cross-connection with housing-community-development-fund: Both amend the State Housing Development Authority Act (1966 PA 346); the LIHTC vehicle adds sec. 22e while HB 4539 modifies the Housing and Community Development Fund provisions in secs. 58/58b — parallel MSHDA-administered affordable housing tools. (novelty: 2)
• 2026-07-03 — Individual income tax: credit; low income housing tax credit; provide for. Amends sec. 22 of 1966 PA 346 (MCL 125.1422) & adds sec. 22e. TIE BAR WITH: SB 0967’26, SB 0968’26: cross-connection with housing-opportunity-tax-credit: Two parallel legislative vehicles (Senate SB 0966 package amending SHDA vs. House HB 5806 package amending the Income Tax Act) advance state-level tax credits to subsidize affordable housing production; track together to compare scope and interaction. (novelty: 3)

Open questions

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