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HB5386 • 2026

Insurance: other; captive insurance company reports and inquiries; modify. Amends secs. 4621 & 4625 of 1956 PA 218 (MCL 500.4621 & 500.4625).

Insurance: other; captive insurance company reports and inquiries; modify. Amends secs. 4621 & 4625 of 1956 PA 218 (MCL 500.4621 & 500.4625).

Active

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

Sponsor
Bill Schuette (District 95), 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; captive insurance company reports and inquiries; modify. Amends secs. 4621 & 4625 of 1956 PA 218 (MCL 500.4621 & 500.4625).

Insurance: other; captive insurance company reports and inquiries; modify.

What This Bill Does

  • Insurance: other; captive insurance company reports and inquiries; modify.
  • Amends secs.
  • 4621 & 4625 of 1956 PA 218 (MCL 500.4621 & 500.4625).

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. 230

    read a third time

  4. 2026-03-04 HJ 18 Pg. 230

    passed; given immediate effect Roll Call #73 Yeas 104 Nays 2 Excused 0 Not Voting 4

  5. 2026-03-04 HJ 18 Pg. 230

    transmitted

  6. 2026-03-03 HJ 17 Pg. 207

    read a second time

  7. 2026-03-03 HJ 17 Pg. 207

    placed on third reading

  8. 2026-02-26 HJ 16 Pg. 190

    reported with recommendation without amendment

  9. 2026-02-26 HJ 16 Pg. 190

    referred to second reading

  10. 2026-02-04 HJ 9 Pg. 81

    reported with recommendation for referral to Committee on Rules

  11. 2026-02-04 HJ 9 Pg. 81

    recommendation concurred in

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

    bill electronically reproduced 12/16/2025

  13. 2025-12-16 HJ 115 Pg. 1953

    introduced by Representative Rep. Bill Schuette

  14. 2025-12-16 HJ 115 Pg. 1953

    read a first time

  15. 2025-12-16 HJ 115 Pg. 1953

    referred to Committee on Insurance

Official Summary Text

Insurance: other; captive insurance company reports and inquiries; modify. Amends secs. 4621 & 4625 of 1956 PA 218 (MCL 500.4621 & 500.4625).