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HB5382 • 2026

Insurance: other; special purpose financial captive plan of operation; modify. Amends sec. 4731 of 1956 PA 218 (MCL 500.4731).

Insurance: other; special purpose financial captive plan of operation; modify. Amends sec. 4731 of 1956 PA 218 (MCL 500.4731).

Active

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

Sponsor
Stephanie Young (District 16), Mike Harris (District 52)
Last action
2026-03-10
Official status
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
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.

Insurance: other; special purpose financial captive plan of operation; modify. Amends sec. 4731 of 1956 PA 218 (MCL 500.4731).

Insurance: other; special purpose financial captive plan of operation; modify.

What This Bill Does

  • Insurance: other; special purpose financial captive plan of operation; modify.
  • Amends sec.
  • 4731 of 1956 PA 218 (MCL 500.4731).

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.

Bill History

  1. 2026-03-10 SJ 22 Pg. 172

    PASSED BY HOUSE WITH IMMEDIATE EFFECT

  2. 2026-03-10 SJ 22 Pg. 172

    REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

  3. 2026-03-04 HJ 18 Pg. 227

    read a third time

  4. 2026-03-04 HJ 18 Pg. 227

    passed; given immediate effect Roll Call #69 Yeas 104 Nays 2 Excused 0 Not Voting 4

  5. 2026-03-04 HJ 18 Pg. 227

    transmitted

  6. 2026-03-03 HJ 17 Pg. 206

    read a second time

  7. 2026-03-03 HJ 17 Pg. 206

    placed on third reading

  8. 2026-02-04 HJ 9 Pg. 80

    reported with recommendation without amendment

  9. 2026-02-04 HJ 9 Pg. 80

    referred to second reading

  10. 2025-12-17 HJ 116 Pg. 1961

    bill electronically reproduced 12/16/2025

  11. 2025-12-16 HJ 115 Pg. 1952

    introduced by Representative Rep. Stephanie Young

  12. 2025-12-16 HJ 115 Pg. 1952

    read a first time

  13. 2025-12-16 HJ 115 Pg. 1952

    referred to Committee on Insurance

Official Summary Text

Insurance: other; special purpose financial captive plan of operation; modify. Amends sec. 4731 of 1956 PA 218 (MCL 500.4731).