LANSING, Mich. — State Sen. Ken Horn joined Gov. Gretchen Whitmer and Rep. Mari Manoogian, D-Birmingham, last week for a bill signing ceremony for Senate Bill 145, which Horn sponsored to create the First-Time Homebuyer Savings Program in Michigan.
“I am excited to equip Michigan’s next generation of homebuyers with the ability to save for a home while reducing some of the tax burden on that savings,” said Horn, R-Frankenmuth. “I worked alongside former Sen. Peter MacGregor on this important issue for many years and am pleased to see it finally signed into law.”
The bill, which was formally signed into law in February and is now Public Act 6 of 2022, allows first-time buyers to set up a special savings account to help those saving for their first home.
“I would also like to thank Rep. Manoogian for her partnership. This legislation will provide a bit of relief to those working toward one of life’s biggest milestones,” Horn said, “As I continue to work toward accomplishing my plan, which I call ‘Project 1MP’ to grow our state by a million people, lowering costs for homebuyers will be another tool we can use to attract more talented, hard-working people to Michigan.”
Editor’s note: A print-quality version of the above photograph is available by clicking on the image or by visiting the senator’s website at www.SenatorKenHorn.com. Click on “Photos” under the “In the News” tab.
Photo caption: State Sen. Ken Horn, R-Frankenmuth, joins Gov. Gretchen Whitmer, Rep. Mari Manoogian, D-Birmingham, along with staff and others who worked on the legislation, during the governor’s ceremonial bill signing ceremony for Horn’s First Time Homebuyers program. Senate Bill 145 is now Public Act 6 of 2022.