ELECTRONIC MEETINGS; DELETE SUNSET                                           S.B. 101:

                                                                                         SUMMARY OF BILL

                                                                         REPORTED FROM COMMITTEE

 

 

 

 

 

 

Senate Bill 101 (as reported without amendment)

Sponsor:  Senator Sarah Anthony

Committee:  Health Policy

 


CONTENT

 

The bill would amend Chapter 52 (Corporate Powers, Procedures of Stock and Mutual Insurers) of the Insurance Code to eliminate September 30, 2022, sunsets on provisions that allow stockholders or directors of certain insurance corporations to adopt bylaws permitting, and to conduct, meetings through electronic means.

 

MCL 500.5228 et al.

 

BRIEF RATIONALE

 

Apparently, members of an Insurance Board often have to choose between taking time off to travel to attend and participate in meetings in person or be deemed absent. It has been suggested that the Code be updated to reflect current technology and to allow members to attend meetings electronically. 

 

                                                                     Legislative Analyst:  Eleni Lionas

 

FISCAL IMPACT

 

The bill would have no fiscal impact on State or local government.

 

Date Completed:  3-8-23                                         Fiscal Analyst:  Jonah Houtz

 

 

 

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.