Michigan2026Active
HB4038
HB4038: Changing How Insurance Assessment Money Is Shared
Last scannedAug 24, 2026, 10:53 AM
In one sentence
This bill changes the law that decides how money collected from insurance providers is divided.
What it does
- Changes section 13 of a 2018 state law about insurance provider assessments (MCL 550.1763).
- Modifies rules for splitting revenue under the Insurance Provider Assessment Act.
Who it affects
Not clearly identified in the stored source.
Limits and unknowns
- The official text does not say exactly how the money will be split differently.
- No specific dollar amounts or dates are listed in the provided material.
- Details about HB4037, which is tied to this bill, are not included here.
Plain language
Terms to know
- Insurance Provider Assessment Act
- A law that collects money from insurance providers, which this bill changes how to share.
Official record
Sources
Official summary
Insurance: other; allocation of revenue under the insurance provider assessment act; modify. Amends sec. 13 of 2018 PA 175 (MCL 550.1763). TIE BAR WITH: HB 4037'25