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Michigan Legislature
Michigan Compiled Laws Complete Through PA 178 of 2019
House: Adjourned until Tuesday, January 28, 2020 1:30:00 PM
Senate: Adjourned until Tuesday, January 28, 2020 10:00:00 AM


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INSURANCE AND BANKING
Sorted by: SequenceNo

Committee Home Page: Insurance and Banking
Chair: Lana Theis
Clerk Phone: 5173735314
Click for list of all bills that have ever been referred to this committee.

Bills currently in committee.
Bill/ResolutionCommitteeSponsorSubject
HB 4449 of 2019
Insurance and Banking
Griffin, BethInsurance; no-fault; allowable expenses; eliminate requirement to reimburse for chiropractic services. Amends sec. 3107b of 1956 PA 218 (MCL 500.3107b).
HB 5146 of 2019
Insurance and Banking
Farrington, DianaFinancial institutions; loan officers; definition and use of the term "licensed secondary mortgage loan officer" in secondary mortgage loan act; modify. Amends secs. 1 & 2 of 1981 PA 125 (MCL 493.51 & 493.52). TIE BAR WITH: HB 5084'19
HB 5147 of 2019
Insurance and Banking
Gay-Dagnogo, SherryFinancial institutions; loan officers; definition and use of the term "licensed loan officer" under the mortgage brokers, lenders, and servicers licensing act; modify. Amends secs. 1a & 2 of 1987 PA 173 (MCL 445.1651a & 445.1652). TIE BAR WITH: HB 5084'19
HB 5174 of 2019
Insurance and Banking
Rendon, DaireInsurance; producers; fees allowed in the placement of a surplus line policy; modify. Amends sec. 1915 of 1956 PA 218 (MCL 500.1915).
SB 0004 of 2019
Insurance and Banking
Lucido, PeterInsurance; no-fault; catastrophic claims association; require to disclose actuarial computation used in rate setting. Amends sec. 3104 of 1956 PA 218 (MCL 500.3104).
SB 0005 of 2019
Insurance and Banking
Lucido, PeterInsurance; no-fault; fraud prevention authority; create. Amends title & secs. 3330 & 4501 of 1956 PA 218 (MCL 500.3330 & 500.4501) & adds ch. 63. TIE BAR WITH: SB 0007'19
SB 0007 of 2019
Insurance and Banking
Lucido, PeterInsurance; no-fault; proof of insurance; enact the vehicle insurance verification act. Creates new act. TIE BAR WITH: SB 0008'19, SB 0009'19
SB 0008 of 2019
Insurance and Banking
Lucido, PeterInsurance; no-fault; suspension or revocation; allow under vehicle verification act. Amends sec. 227a of 1949 PA 300 (MCL 257.227a). TIE BAR WITH: SB 0007'19
SB 0009 of 2019
Insurance and Banking
Lucido, PeterInsurance; insurers; issuance of automobile insurance; require notification to secretary of state in coordination with vehicle insurance verification act. Amends sec. 3101a of 1956 PA 218 (MCL 500.3101a).
SB 0011 of 2019
Insurance and Banking
Wojno, PaulInsurance; no-fault; catastrophic claims association; provide for rebate of excess fees. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3104a.
SB 0088 of 2019
Insurance and Banking
Chang, StephanieInsurance; automobile; rates; require to be based on only certain factors. Amends secs. 2105, 2110a, 2111, 2111a & 2151 of 1956 PA 218 (MCL 500.2105 et seq.).
SB 0256 of 2019
Insurance and Banking
MacDonald, MichaelInsurance; producers; continuing education credit carryover system for insurance producers who belong to a professional insurance association; provide for. Amends sec. 1204c of 1956 PA 218 (MCL 500.1204c).
SB 0286 of 2019
Insurance and Banking
Lucido, PeterInsurance; no-fault; catastrophic claims association; require to disclose premium calculation information. Amends sec. 3104 of 1956 PA 218 (MCL 500.3104).
SB 0301 of 2019
Insurance and Banking
Bayer, RosemaryCivil rights; open meetings; catastrophic claims association; make subject to open meetings act. Amends secs. 2 & 3 of 1976 PA 267 (MCL 15.262 & 15.263). TIE BAR WITH: SB 0302'19
SB 0302 of 2019
Insurance and Banking
Bayer, RosemaryInsurance; no-fault; catastrophic claims association; revise membership, require annual audit, make subject to open meetings act and freedom of information act, and provide for other general amendments. Amends secs. 134 & 3104 of 1956 PA 218 (MCL 500.134 & 500.3104). TIE BAR WITH: SB 0301'19
SB 0388 of 2019
Insurance and Banking
Brinks, WinnieInsurance; health insurers; free coverage of birth control; require. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3406u.
SB 0464 of 2019
Insurance and Banking
Lucido, PeterFinancial institutions; generally; financial exploitation prevention act; create. Creates new act.
SB 0465 of 2019
Insurance and Banking
Lucido, PeterHuman services; county services; restriction on adult protective services from informing financial institutions of investigatory status following financial institution's elder abuse report; eliminate. Amends sec. 11b of 1939 PA 280 (MCL 400.11b).
SB 0498 of 2019
Insurance and Banking
Moss, JeremyInsurance; no-fault; price optimization use in determining insurance rates; prohibit. Amends secs. 2109 & 2119 of 1956 PA 218 (MCL 500.2109 & 500.2119).
SB 0499 of 2019
Insurance and Banking
Alexander, Betty JeanInsurance; no-fault; rates based on territories; prohibit. Amends sec. 2111 of 1956 PA 218 (MCL 500.2111).
SB 0500 of 2019
Insurance and Banking
Brinks, WinnieInsurance; other; insurance rate comparisons posted on the department's website; require, and provide penalties for insurers that submit to the department false or misleading information about rates. Amends secs. 2108 & 2478 of 1956 PA 218 (MCL 500.2108 & 500.2478) & adds sec. 2108a.
SB 0528 of 2019
Insurance and Banking
Lucido, PeterInsurance; no-fault; motorcycle accidents; revise priority for receiving PIP benefits. Amends sec. 3114 of 1956 PA 218 (MCL 500.3114).
SB 0529 of 2019
Insurance and Banking
Lucido, PeterInsurance; automobile; deductible amounts; allow policyholder choice. Amends sec. 3109 of 1956 PA 218 (MCL 500.3109) & adds sec. 3038.
SB 0629 of 2019
Insurance and Banking
Runestad, JimOccupations; securities; notification and temporary hold on certain account disbursements for the protection of vulnerable adults; allow. Amends title of 2008 PA 551 (MCL 451.2101 - 451.2703) & adds art. 5A.
SB 0652 of 2019
Insurance and Banking
Theis, LanaConsumer protection; identity theft; conduct prohibited in the conduct of a trade or business; expand. Amends sec. 11 of 2004 PA 452 (MCL 445.71). TIE BAR WITH: SB 0654'19, SB 0653'19, SB 0655'19
SB 0653 of 2019
Insurance and Banking
McBroom, EdConsumer protection; identity theft; information protected under identity theft protection act; revise. Amends sec. 3 of 2004 PA 452 (MCL 445.63). TIE BAR WITH: SB 0654'19, SB 0655'19, SB 0652'19
SB 0654 of 2019
Insurance and Banking
MacDonald, MichaelConsumer protection; identity theft; conduct prohibited under identity theft protection act; expand. Amends sec. 5 of 2004 PA 452 (MCL 445.65). TIE BAR WITH: SB 0653'19, SB 0655'19, SB 0652'19
SB 0655 of 2019
Insurance and Banking
Santana, SylviaCriminal procedure; forfeiture; conviction before proceeding and certain procedure in identity theft cases; provide for. Amends secs. 19 & 19b of 2004 PA 452 (MCL 445.79 & 445.79b). TIE BAR WITH: SB 0654'19, SB 0653'19, SB 0652'19
SCR 0009 of 2019
Insurance and Banking
Hertel, CurtisA concurrent resolution to memorialize the Congress of the United States to enact legislation creating a "safe harbor" for financial institutions to provide financial services to marijuana-related businesses or service providers in states that have chosen to legalize the use of marijuana.
SCR 0012 of 2019
Insurance and Banking
Alexander, Betty JeanA concurrent resolution to urge Congress to enact legislation for a new National Infrastructure Bank.

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