Liens: construction; certain liens on manufactured homes; allow. Amends secs. 105 & 106 of 1980 PA 497 (MCL 570.1105 & 570.1106).
Impact
If enacted, HB5542 would provide clearer information regarding the context in which liens can be placed on manufactured homes, thereby protecting the rights of lessees and promoting fair contractual relationships. This update is especially pertinent as the housing market evolves and manufactured homes become an increasingly popular housing option. This legislative change could facilitate more secure investments in manufactured housing developments, supporting both renters and owners in the process.
Summary
House Bill 5542 seeks to amend the Construction Lien Act in Michigan, specifically addressing liens related to manufactured homes. The bill focuses on clarifying the definitions and rights of various parties involved in construction contracts, including lessees, lien claimants, subcontractors, and suppliers. By updating the definitions in sections 105 and 106 of the act, the bill aims to enhance the protection of stakeholders in construction projects, particularly those involving manufactured housing.
Contention
While the bill generally aims to improve the construction lien framework, there may be concerns around its implications for local regulations and the treatment of renters versus owners. Stakeholders in the housing market, including advocacy groups for residents in manufactured homes, might raise questions about how the definitions shape the legal landscape of housing rights. It will be important for stakeholders to monitor the bill's progression and ensure adequate provisions are made to protect all parties involved.
Health facilities: nursing homes; personal needs allowance for nursing home residents; increase. Amends sec. 106 of 1939 PA 280 (MCL 400.106) & adds sec. 106c.
Occupations: employment agencies; deregulation of personnel agencies; provide for. Amends secs. 303a & 411 of 1980 PA 299 (MCL 339.303a & 339.411) & repeals art. 10 of 1980 PA 299 (MCL 339.1001 - 339.1022) & sec. 27 of 1979 PA 152 (MCL 338.2227).
Consumer credit: interest rates; prepayment penalties on certain mortgage loans made for business purposes; allow. Amends sec. 1c of 1966 PA 326 (MCL 438.31c).
Economic development: other; Michigan BIDCO act; amend to reflect elimination of the Michigan strategic fund. Amends secs. 104 & 105 of 1986 PA 89 (MCL 487.1104 & 487.1105). TIE BAR WITH: SB 0631'25