Bill > H0757

Introduced Session

This bill proposes to make amendments to the form of and conversion process for mobile home real estate deeds; make amendments to limited equity cooperative housing corporations to prohibit subleasing of a unit for a limited equity cooperative incorporated after June 30, 2026, unless the member can demonstrate a hardship, to specify that limited equity cooperatives are to be treated as nonprofit corporations, and to specify that limited equity cooperatives serve low- and moderate-income individuals for State funding and grant purposes; for the purposes of municipal zoning, to allow manufactured housing to the same extent as other housing; to exempt limited equity cooperative housing corporations from needing to obtain a stormwater permit due to the discharge of stormwater from H.757 impervious surface of three or more acres; and to exempt all mobile homes from sales tax, to subject mobile homes previously subject to sales tax to the property transfer tax, and to exempt from property taxes mobile home parks organized as a limited equity cooperative.

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Gayle Pezzo (D)*,  Marc Mihaly (D), 

Senate Committee on Economic Development, Housing and General Affairs Hearing (10:30:00 4/30/2026 Room 27) (on 04/30/2026)

Official Document