MCL - Index of Act 6 of 2022
NOTE: Dates reflect any modification to item, not necessarily a change in law.
| Title | Subject |
|---|---|
| Act 6 of 2022 | MICHIGAN FIRST-TIME HOME BUYER SAVINGS PROGRAM ACT (565.1001 - 565.1013) |
| Section 565.1001 | Short title. |
| Section 565.1003 | Definitions. |
| Section 565.1005 | First-time home buyer savings program; establishment; savings account designation; form of contribution. |
| Section 565.1007 | Account holder responsibilities; use of funds; filing with department; maintenance and retention of records; rules; deduction under MCL 206.30; informational materials. |
| Section 565.1009 | Financial institution duties and responsibilities. |
| Section 565.1011 | Maximum account balance limit; contributions, interest earned, and qualified withdrawals as tax exempt. |
| Section 565.1013 | Improper use of funds; penalties; exceptions; definitions. |