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state_legiscan_drain · MI

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

May 14, 2026

Summary

If enacted, this bill would create a state low-income housing tax credit under the Michigan Insurance Code, allowing insurers to claim credits for investments in qualified low-income housing projects. The bill is tie-barred with SB 0966 and SB 0967, indicating a legislative package primarily affecting insurance companies.

Source: https://legislature.mi.gov/Bills/Bill?ObjectName=2026-SB-0968

Common questions

What does "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" cover?
If enacted, this bill would create a state low-income housing tax credit under the Michigan Insurance Code, allowing insurers to claim credits for…
When was it published?
It was published on May 14, 2026.

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