Individual income tax: credit; credit for the sale of mobile home park or seasonal mobile home to residents or resident’s association or cooperative; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 281 & 678. TIE BAR WITH: SB 0937’26
Key claim: Michigan SB 0938 would create an individual income tax credit for sellers who transfer a mobile home park or seasonal mobile home park to residents, a residents’ association, or a cooperative.
Abstract
(SB0938 · 103rd Legislature) Individual income tax: credit; credit for the sale of mobile home park or seasonal mobile home to residents or resident’s association or cooperative; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 281 & 678. TIE BAR WITH: SB 0937’26 Sponsor: Sen. Roger Hauck ® + 10 co-sponsors In committee: H Government Operations Latest vote: Senate Third Reading: Passed Roll Call # 100 — 32-2 (passed, 2026-05-19) Latest action (2026-05-19): Referred To Committee On Government Operations
Why this matters
This finding introduces a targeted tax incentive intended to encourage owners of mobile home parks to sell to their residents or resident-controlled entities, potentially reshaping ownership of a housing segment where residents typically own homes but rent lots. For taxpayers and the state treasury, it creates a new income tax credit whose fiscal scale depends on the (tie-barred) companion bill; for park owners and residents, it changes the economics of sale transactions and could expand cooperative housing models in Michigan.