A 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.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 4613 Introduced in Senate (IS)] <DOC> 119th CONGRESS 2d Session S. 4613 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. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES May 20, 2026 Mrs. Shaheen (for herself, Mr. King, and Mr. Blumenthal) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A 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. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Manufactured Housing Community Sustainability Act of 2026''. SEC. 2. FINDINGS. Congress finds that-- (1) more than 22,000,000 people live in HUD-code manufactured homes; (2) there are approximately 6,700,000 occupied manufactured homes in the United States, representing about 6 percent of the Nation's housing stock, 9 percent of the single-family housing stock, and more than 12 percent of all new single-family homes sold in 2021; (3) owners of manufactured homes are disproportionately low-income households, and in 2020, the median annual household income for living in manufactured housing was $35,000; (4) over one-quarter of manufactured homeowners earn less than $20,000 annually, and two-thirds earn less than $50,000 annually; (5) more than half of all manufactured homes are located in rural areas around the country, and manufactured homes make up 13 percent of all occupied homes in rural and small-town communities; (6) the average sales price of a new manufa