,,ii  #aai? ,,congress  #b;d ,session   
,s4 #dfac  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #bj1 #bjbf ,mrs4  
,%ahe5 7= h]self1 ,mr4 ,k+1 & ,mr4      
,blum5?al7 introduc$ ! foll[+ bill2 :i* 
0 read twice & ref]r$ to ! ,committee on
 ,f9ance  ,a ,,bill  ,to am5d ! ,int]nal
 ,rev5ue ,code ( #aihf to all[ a bus9ess
 cr$it = ga9 f ! sale ( real prop]ty =  
use z a manufactur$ home community1 & = 
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,manufactur$ ,h\s+     
,community ,su/a9ability ,act ( #bjbf4  
#b4 ,f9d+s ,congress f9ds t--  7#a7 m   
?an #bb1jjj1jjj p live 9 ,,hud-code     
manufactur$ homes2  7#b7 !re are        
approximately #f1gjj1jjj occupi$        
manufactur$ homes 9 ! ,unit$ ,/ates1    
repres5t+ ab\t #f p]c5t ( ! ,nation's   
h\s+ /ock1 #i p]c5t ( ! s+le-family h\s+
 /ock1 & m ?an #ab p]c5t ( all new      
s+le-family homes sold 9 #bjba2  7#c7   
own]s ( manufactur$ homes are           
disproportionately l[-income h\seholds1 
& 9 #bjbj1 ! m$ian annual h\sehold      

income = liv+ 9 manufactur$ h\s+ 0      
#ce1jjj2  7#d7 ov] "o-qu>t] (           
manufactur$ home[n]s e>n less ?an       
#bj1jjj annually1 & two-?irds e>n less  
?an #ej1jjj annually2  7#e7 m ?an half (
 all manufactur$ homes are locat$ 9     
rural areas ar\nd ! c\ntry1 &           
manufactur$ homes make up #ac p]c5t (   
all occupi$ homes 9 rural & small-t[n   
communities2  7#f7 ! av]age sales price 
( a new manufactur$ home 7exclud+ l&7 9 
#bjai 0 #ha1gjj1 & z ( ,decemb] #bjbc1 t
 av]age sales price _h increas$ to      
#aba1cjj1 an increase ( #dh4e p]c5t ov] 
! prec$+ #e ye>s2  7#g7 despite ?is %>p 
increase1 ! av]age manufactur$ home co/s
 r\ghly half ! price p] squ>e foot ( !  
av]age site-built home2  7#h7           
manufactur$ home communities provide    
critical af=dable h\s+1 b receive v     
little ,f$]al1 ,/ate1 or local funds to 
subsidize ! co/ ( manufactur$ homes2    
7#i7 an e/imat$ #dc1jjj manufactur$ home
 communities1 also ref]r$ to z mobile   
home p>ks1 exi/ ?r\gh\t ! ,unit$ ,/ates2

  7#aj7 own]s ( manufactur$ homes 9 su* 
communities may own ! home1 b !y d n own
 ! l& "u ! home1 :i* leaves ! home[n]s  
vuln]able to r5t increases1 dis9ve/m5t1 
*anges 9 l& use1 & community closure2   
7#aa7 an eviction or closure ( a        
manufactur$ home community is v         
disruptive & c be f9ancially deva/at+ to
 a home[n] :o may be unable to pay !    
?\s&s ( doll>s x takes to move !        
manufactur$ home or f9d a new location =
 ! manufactur$ home2  7#ab7 manufactur$ 
h\s+ :]e ! consum] does n own ! l&      
g5]ally does n promote weal?-build+ via 
home[n]%ip2  7#ac7 = m ?an a decade1 9  
an ef=t to pres]ve a crucial s\rce (    
af=dable h\s+ & aid l[-income home[n]s1 
a national network ( h\s+ provid]s has  
help$ resid5ts pur*ase & own ! l& "u !  
manufactur$ home community1 & manage !  
manufactur$ home community z limit$     
equity coop]atives2  7#ad7 nationwide1  
!re are m ?an #a1jjj coop]ative         
manufactur$ home communities1 ( :i* m   
?an #cfj1 locat$ 9 m ?an #bj ,/ates1 are

 p]man5tly pres]v$ z af=dable           
communities ?r\gh limit$ equity         
coop]ative or nonpr(it own]%ip2  7#ae7  
memb]s ( manufactur$ home community     
coop]atives cont9ue to own su* homes    
individually1 own an equal %>e ( ! l&   
b5ea? ! entire manufactur$ home         
community1 p>ticipate 9 ! gov]n+ ( !    
community1 & elect a bo>d ( directors :o
 make major decisions )9 ! manufactur$  
home community by a democratic vote2    
7#af7 site fee increases 9 limit$ equity
 resid5t-own$ communities av]age j #j4i 
p]c5t p] ye>1 comp>$ to #e4i p]c5t p]   
ye> 9 comm]cially own$ communities2     
7#ag7 9 ,new ,hamp%ire1 m ?an #dj p]c5t 
( manufactur$ home communities are own$ 
by resid5ts2  7#ah7 resid5t-own$        
coop]atives & nonpr(it own$ communities 
h also fl\ri%$ 9 ,colorado1 ,v]mont1    
,massa*usetts1 ,montana1 ,rhode ,isl&1  
,wa%+ton1 ,oregon1 & ,m9nesota2  7#ai7  
nationwide1 only #b4d p]c5t ( all       
manufactur$ home communities are resid5t
 or nonpr(it-own$2  7#bj7 #ai ,/ates h  

adopt$ "s protection :5 a community is  
sold1 & #h ,/ates h /rong notification &
 resid5t pur*ase opportunities1 :i*     
provide home[n]s 9 ^? ,/ates an         
opportunity to pur*ase ! manufactur$    
home community :5 x is put up = sale2 & 
7#ba7 9 ord] to pres]ve manufactur$ home
 communities & help l[-income home[n]s  
live securely1 safely1 & build weal?    
?r\gh home[n]%ip 9 ! future1 a ,f$]al   
tax b5efit %\ld be e/abli%$ to induce   
manufactur$ home community own]s to sell
 su* prop]ties to ! resid5ts :5 ^?      
resid5ts or a nonpr(it commits to       
pres]v+ ! community long-t]m4  #c4 ,tax 
cr$it = manufactur$ home community sale 
to resid5ts or nonpr(it entity  7a7 ,9  
g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a
 ( *apt] #a ( ! ,int]nal ,rev5ue ,code (
 #aihf 7relat+ to bus9ess relat$ cr$its7
 is am5d$ by add+ at ! end ! foll[+ new 
section3  #de;,,bb4 ,manufactur$ home   
community sale to resid5ts or nonpr(it  
entity  7a7 ,all[ance ( cr$it ,=        
purposes ( section #ch1 ! manufactur$   

home community sale cr$it det]m9$ "u ?is
 section = any taxable ye> is an am\nt  
equal to #ge p]c5t ( ! qualifi$ ga9     
receiv$ by ! taxpay] dur+ ! taxable ye>4
  7b7 ,def9itions ,= purposes ( ?is     
section--  7#a7 ,qualifi$ ga9 ,! t]m    
qualifi$ ga9 means ga9 f ! sale or      
ex*ange ( real prop]ty to a qualifi$    
manufactur$ home community coop]ative or
 corporation if-- 7,a7 ! real prop]ty is
 acquir$ = use z a manufactur$ home     
community1  7,b7 ! sell] 7or any relat$ 
p]son7 own$ ! prop]ty = ! entire #b-ye> 
p]iod end+ on ! day be=e ! sale or      
ex*ange1 &  7,c7 ! prop]ty is transf]r$ 
subject to a b9d+ cov5ant t ! prop]ty w 
be us$ z a manufactur$ home community = 
n less ?an #ej ye>s 7or1 9 ! case ( a   
manufactur$ home community locat$ 9 a   
,/ate ! laws ( :i* re/rict su* cov5ant  
to a less] t]m1 ! maximum p]missible t]m
 all[$ "u su* ,/ate laws74  7#b7        
,manufactur$ home community ,! t]m      
manufactur$ home community means a      
community compris$ prim>ily (           

manufactur$ homes us$ solely =          
resid5tial purposes & own$ by a         
manufactur$ home community coop]ative or
 corporation4  7#c7 ,qualifi$           
manufactur$ home community coop]ative or
 corporation  7,a7 ,9 g5]al ,! t]m      
qualifi$ manufactur$ home community     
coop]ative or corporation means a       
coop]ative or a nonpr(it corporation    
e/abli%$ pursuant to ! laws ( ! ,/ate 9 
:i* ! prop]ty us$ z a manufactur$ home  
community is locat$1 & :i*--  7i7 9 !   
case ( a community own$ by a nonpr(it   
corporation ^: memb]%ip int]e/s are sold
 on a nonappreciat+ basis1 has only #a  
class ( memb]%ip & su* class consi/s    
solely ( resid5ts1 &  7ii7 9 ! case ( a 
community own$ by a coop]ative1 has n m 
?an #b classes ( memb]%ip1 & su* classes
 consi/ solely ( resid5ts & a tax-exempt
 organization4  7,b7 ,gov]nance ,an     
entity %all n be treat$ z a qualifi$    
manufactur$ home community coop]ative or
 corporation unless gov]nance ( ! entity
 is c>ri$ out by memb]s elect$ to a bo>d

 ( directors ) vot+ /ructur$ equitably  
among all memb]s4  7,c7 ,memb] ,! t]m   
memb] means--  7i7 an individual :o--   
7,i7 has atta9$ ! age ( #ah1  7,,ii7 is 
entitl$ to be a memb] by reason (-- 7aa7
 ! memb]%ip int]e/ ( ! individual to    
execute an occupancy agreem5t ) !       
manufactur$ home community coop]ative   
nonpr(it ) respect to a site 9 !        
manufactur$ home community 9 ord] to    
e/abli% a manufactur$ home :i* is own$  
by ! individual1 or  7bb7 p]mission f ! 
manufactur$ community coop]ative or     
corporation1 ! memb]'s tru/1 or o!r     
entity1 &  7,,iii7 is a resid5t ( !     
manufactur$ home community1 &  7ii7 a   
tax-exempt organization4  7#d7 ,memb]%ip
 int]e/ ,! t]m memb]%ip int]e/ means--  
7,a7 an own]%ip int]e/ 9 a manufactur$  
home community coop]ative or            
corporation1 or  7,b7 a memb]%ip int]e/ 
9 a manufactur$ home community nonpr(it 
corporation4  7#e7 ,manufactur$ home ,! 
t]m manufactur$ home means a /ructure   
:i* is transportable 9 "o or m sections1

 :i*-- 7,a7 9 travel+ mode1 is #h body  
feet or m 9 wid? & #dj body feet or m 9 
l5g?1 or1 :5 erect$ on site1 is #cbj    
squ>e feet or m1  7,b7 is built on a    
p]man5t *assis & design$ to be us$ z a  
dwell+ 7) or )\t a p]man5t f\ndation :5 
connect$ to requir$ utilities7 &        
includes plumb+1 heat+1 & electrical    
heat+ sy/ems1 &  7,c7 9 ! case ( a      
/ructure manufactur$ aft] ,june #ae1    
#aigf1 is c]tifi$ z meet+ ! ,manufactur$
 ,home ,con/ruction & ,safety ,/&>ds    
issu$ "u ! ,national ,manufactur$ ,h\s+ 
,con/ruction & ,safety ,/&>ds ,act (    
#aigd 7#db ,u4,s4,c4 #edja et seq47 by !
 ,dep>tm5t ( ,h\s+ & ,urban ,developm5t 
& displays a label ( su* c]tification on
 ! ext]ior ( ea* transportable section4 
7c7 ,special rules  7#a7 ,relat$ p]son  
,= purposes ( subsection 7b77#a77;,b71 a
 p]son is relat$ to ! sell] if-- 7,a7   
su* p]son be>s a relation%ip to ! sell] 
z specifi$ 9 section #bfg7;b7 or        
#gjg7;b77#a71 or  7,b7 su* p]son & !    
sell] are engag$ 9 trades or bus9esses  

"u common control )9 ! mean+s (         
subsections 7a7 & 7b7 ( section #eb4    
7#b7 ,election by bo? sell] & buy] ,!   
cr$it is all[able "u ?is section only   
if--  7,a7 bo? ! sell] & ! pur*as] ( !  
real prop]ty execute an affidavit       
repres5t+ t ! sale meets ! requirem5ts (
 subsection 7b77#a71 & ! pur*as]        
ackn[l$ges liability = ! recapture ( !  
cr$it "u subsection 7d7 9 case ( any    
violation describ$ 9 su* subsection1    
7,b7 ! pur*as] ( ! real prop]ty records 
! affidavit1 &  7,c7 ! affidavit is     
ref]5c$ 9 ! de$ to ! real prop]ty4  7#c7
 ,requirem5t ,! sell] %all include a    
copy ( ! affidavit repres5t+ ! sale ) ! 
return ( tax4  7d7 ,tax ^u violation (  
cov5ant ,!re is impos$ a tax on ! buy] =
 a violation ( ! cov5ant specifi$ 9     
subsection 7b77#a77;,c74 ,! am\nt ( su* 
tax %all be #bj p]c5t ( ! net proce$s   
aft] settlem5t = ! sale or ex*ange ( !  
real prop]ty ref]r$ to 9 subsection     
7b77#a74 ,= purposes ( section #eja7;a71
 ! tax impos$ by ?is subsection %all n  

be treat$ z a tax impos$ by ?is         
subtitle4  7e7 ,regulations ,! ,secret>y
 %all issue su* regulations or o!r      
guidance z may be necess>y to c>ry out  
?is section1 includ+ ! recapture "u     
subsection 7d74  4  7b7 ,cr$it all[$ z  
"p ( g5]al bus9ess cr$it  ,section      
#ch7;b7 ( ! ,int]nal ,rev5ue ,code (    
#aihf is am5d$--  7#a7 by /rik+ plus at 
! end ( p>agraph 7#dj72  7#b7 by /rik+ !
 p]iod at ! end ( p>agraph 7#da7 &      
ins]t+ 1 plus2 &  7#c7 by add+ at ! end 
! foll[+ new p>agraph3  7#db7 !         
manufactur$ home community sale cr$it   
det]m9$ "u section #de;,,bb7a74  4  7c7 
,con=m+ am5dm5ts  7#a7 ,subsection 7c7 (
 section #aif ( ! ,int]nal ,rev5ue ,code
 ( #aihf is am5d$-- 7,a7 by /rik+ & at !
 end ( p>agraph 7#ac72  7,b7 by /rik+ ! 
p]iod at ! end ( p>agraph 7#ad7 & ins]t+
 1 &2 &  7,c7 by add+ at ! end ! foll[+ 
new p>agraph3  7#ae7 ! manufactur$ home 
community sale cr$it det]m9$ "u section 
#de;,,bb7a74  4  7#b7 ,! table (        
sections = subp>t ,d ( "p ,,iv (        

sub*apt] ,a ( *apt] #a ( su* ! ,int]nal 
,rev5ue ,code ( #aihf is am5d$ by add+  
at ! end ! foll[+ new item3  ,sec4      
#de;,,bb4 ,manufactur$ home community   
sale to resid5ts or nonpr(it entity4  4 
7d7 ,effective date ,! am5dm5ts made by 
?is section %all apply to taxable ye>s  
beg9n+ aft] ,decemb] #ca1 #bjbf4