Manufactured Housing Community Sustainability Act of 2026
Sen. Shaheen Introduces Bill to Help Mobile Home Residents Buy Their Parks Using Tax Credits
This bill is currently in the Senate Finance Committee for review. It was recently introduced and is waiting for the committee to decide on its next steps. There are no upcoming votes scheduled at this time.
Legislative Progress
The bill faces a difficult path because it involves significant changes to the tax code and currently lacks broad support from the opposing party.
Key Points
Impact Analysis
Personal Impact
Life & Work
Mobile home park owners who sell their property to residents or nonprofits would receive a tax credit worth 75% of their profit from the sale. This is a substantial financial incentive that could make selling to residents more attractive than selling to commercial buyers, especially for smaller operators looking to exit the business.
“the manufactured home community sale credit determined under this section for any taxable year is an amount equal to 75 percent of the qualified gain received by the taxpayer during the taxable year.”
Programs
State Impacts
Milestones
Read twice and referred to the Committee on Finance.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Source Information
Document Type
Congressional Bill
Official Title
Manufactured Housing Community Sustainability Act of 2026
Data Sources
Sponsor
Cosponsors
(2)Analysis generated by AI. Always verify with official sources.