2005 House Bill 4966

Establish “Michigan Homeownership Preservation Fund”

Introduced in the House

June 16, 2005

Introduced by Rep. Steve Tobocman (D-12)

To establish a “Michigan Homeownership Preservation Fund” to subsidize home purchases by low income people, with the money to come from fines levied for certain lending practice violations.

Referred to the Committee on Banking and Financial Services