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.
AI-generated summary · Jun 8, 2026. Verify with your compliance counsel before acting.
How this was generated
We record the exact prompt, model, and output for every AI response so it can be audited for accuracy.
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.