MI SB0395

Establishes a tax credit for taxpayers purchasing or retrofitting a principal residence to improve accessibility or visitability for tax years 2017-2021.

Credit equals 4% of purchase price for qualified homes or 50% of retrofitting costs, capped at $5,000 per residence with maximum one credit per property.

Requires certification from Michigan State Housing Development Authority by January 10 following the tax year, with authority issuing certificates by February 10.

Allocates $1,000,000 annually in credits ($500,000 for purchases, $500,000 for retrofits), with unused amounts reallocable between categories; excess requests receive pro rata distribution.

Unused credits may be carried forward up to 7 tax years; defines "visitability" to include zero-step entrance, bathroom on main floor, and 32-inch minimum door clearances.