This bill prohibits large institutional investors from buying single-family homes in Michigan to prevent corporate ownership of residential properties. It defines these investors as for-profit entities managing or owning over 100 homes statewide with at least $375 million in assets, while allowing exceptions for new construction projects or those that renovate homes with significant improvements. The law applies to various acquisition methods, including mergers and foreclosures, and sets a civil penalty of up to $25,000 per home for any violations.
HB 5571 allows single interior exit stairways in multi-family apartment buildings with 4-6 levels (or 3-5 levels with an occupiable roof), directly affecting developers and builders of such structures. The bill requires buildings to have no more than 4 units per level, limit floor area to 4,000 sq ft per level, and ensure exit access travel is ≤125 feet from any point. Key safety provisions include mandatory smoke detectors in common areas (like hallways and laundry rooms), manual fire alarms, automatic smoke detection systems, and sprinklers meeting NFPA standards. It also mandates that the building’s fire department must be accredited by the Commission on Fire Accreditation International and hold a Class 1-2 public protection rating. The bill is contingent on HB 5570 passing into law.
SB 702, the "Medical Debt Protection Act," limits how medical debt can be collected in Michigan. It prohibits interest or late fees for 90 days after a bill is due and caps annual interest at 3%. The bill bans wage garnishment, foreclosure, and other aggressive collection tactics for patients eligible for financial assistance under a healthcare facility’s policy. It also restricts selling medical debt to third parties without strict safeguards, requiring debt buyers to follow specific rules and return debt if a patient qualifies for financial help. The law directly affects patients with medical debt, large healthcare facilities, and medical debt collectors.
HB 4543 changes how Michigan's home heating credit is adjusted annually. It replaces the use of the national U.S. Consumer Price Index (CPI) with the Detroit Consumer Price Index to calculate annual credit adjustments. This means the credit amount for eligible households will now reflect local cost-of-living changes in Detroit instead of national averages. The bill directly affects low-to-moderate income Michigan residents who claim the home heating credit on their state tax returns.
SB 51 establishes the Black Leadership Advisory Council to address racial inequity in Michigan. The council, composed of 15 governor-appointed members (including representation from specific fields like health and education, an immigrant expert, and a member aged 18-35), must develop policies to eliminate discrimination in areas like housing, employment, and healthcare. It is required to identify discriminatory state laws, collaborate with the governor on equitable legislation, and submit annual reports. The council operates independently but receives department staff support, with no compensation for members beyond expense reimbursement.