S4584-118

Introduced

To amend the Internal Revenue Code of 1986 to allow a business credit for gain from the sale of real property for use as a manufactured home community, and for other purposes.

118th Congress Introduced Jun 18, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to allow a business credit for gain from the sale of real property for use as a manufactured home community, and for other purposes., changes federal law or congressional policy affecting homeowners, renters, builders, and housing agencies. The main policy domain is Housing, Finance, Government Operations.

Who Benefits and How

homeowners, renters, builders, and housing agencies may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, homeowners, renters, builders, and housing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H0D7623AAADF14DB18064F23DD0F4144E: 1. Short title This Act may be cited as the Manufactured Housing Community Sustainability Act of 2024.
  • Section H22A96CBE8A4240F5B72AD83F912571C6: 2. Findings Congress finds that— more than 22,000,000 people live in HUD-code manufactured homes; there are approximately 6,700,000 occupied manufactured homes...
  • Section H1BB23DB3B6C542208A7E15EC0CAA5AD8: 3. Tax credit for manufactured home community sale to residents or nonprofit entity Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue...
  • Section H9BD5489A107A416E8BA96A984C8DE151: 45BB. Manufactured home community sale to residents or nonprofit entity For purposes of section 38, the manufactured home community sale credit determined...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Internal Revenue Code of 1986 to allow a business credit for gain from the sale of real property for use as a manufactured home community, and for other purposes., changes federal law or congressional policy affecting homeowners, renters, builders, and housing agencies.

Key Policy Areas

Housing, Finance, Government Operations

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to allow a business credit for gain from the sale of real property for use as a manufactured home community, and for other purposes., changes federal law or congressional policy affecting homeowners, renters, builders, and housing agencies.

Policy Domains

Housing Finance Government Operations

Whole bill

Identified Gains
  • homeowners, renters, builders, and housing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
homeowners, renters, builders, and housing agencies: ,
Identified Costs
  • federal implementing agencies
  • homeowners, renters, builders, and housing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: ,
homeowners, renters, builders, and housing agencies: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jun 18, 2024

Mrs. Shaheen (for herself, Mr. Tester, and Mr. Blumenthal) introduced …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Housing Finance Government Operations
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology