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HB4510 • 2026

Retirement: other; investment in cryptocurrency by certain retirement funds; allow. Amends 1965 PA 314 (MCL 38.1132 - 38.1141) by adding sec. 19c.

Retirement: other; investment in cryptocurrency by certain retirement funds; allow. Amends 1965 PA 314 (MCL 38.1132 - 38.1141) by adding sec. 19c.

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Bill Schuette (District 95), Bryan Posthumus (District 90), Mike McFall (District 14), Alabas Farhat (District 3), Joseph Aragona (District 60), Tom Kunse (District 100), Tyrone Carter (District 1), Jason Woolford (District 50), William Bruck (District 30)
Last action
2026-03-11
Official status
placed on third reading
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Retirement: other; investment in cryptocurrency by certain retirement funds; allow. Amends 1965 PA 314 (MCL 38.1132 - 38.1141) by adding sec. 19c.

Retirement: other; investment in cryptocurrency by certain retirement funds; allow.

What This Bill Does

  • Retirement: other; investment in cryptocurrency by certain retirement funds; allow.
  • Amends 1965 PA 314 (MCL 38.1132 - 38.1141) by adding sec.
  • 19c.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

H-2

9

reported with recommendation with substitute (H-2)

Plain English: reported with recommendation with substitute (H-2) 9

  • The official amendment file could not be read automatically during the last sync, so only the official amendment metadata is shown right now.

Bill History

  1. 2026-03-11 HJ 21 Pg. 0

    read a second time

  2. 2026-03-11 HJ 21 Pg. 0

    substitute (H-2) adopted and amended

  3. 2026-03-11 HJ 21 Pg. 0

    placed on third reading

  4. 2025-12-11 HJ 114 Pg. 1907

    reported with recommendation with substitute (H-2)

  5. 2025-12-11 HJ 114 Pg. 1907

    referred to second reading

  6. 2025-09-18 HJ 85 Pg. 991

    rule suspended

  7. 2025-09-18 HJ 85 Pg. 991

    motion to discharge committee approved

  8. 2025-09-18 HJ 85 Pg. 991

    placed on second reading

  9. 2025-09-18 HJ 85 Pg. 993

    referred to Committee on Economic Competitiveness

  10. 2025-05-22 HJ 51 Pg. 620

    bill electronically reproduced 05/21/2025

  11. 2025-05-21 HJ 50 Pg. 606

    introduced by Representative Rep. Bill Schuette

  12. 2025-05-21 HJ 50 Pg. 606

    read a first time

  13. 2025-05-21 HJ 50 Pg. 606

    referred to Committee on Communications and Technology

Official Summary Text

Retirement: other; investment in cryptocurrency by certain retirement funds; allow. Amends 1965 PA 314 (MCL 38.1132 - 38.1141) by adding sec. 19c.