---
type: "Bill"
title: "Businesses: securities; certain fees under the uniform securities act (2002); modify. Amends sec. 410 of 2008 PA 551 (MCL 451.2410)."
description: "Businesses: securities; certain fees under the uniform securities act (2002); modify. Amends sec. 410 of 2008 PA 551 (MCL 451.2410)."
jurisdiction: "us/states/mi"
legislature: "Michigan Legislature"
session: "2023-2024"
identifier: "HB 4994"
citation: "Michigan HB 4994 (2023-2024)"
classification: ["bill"]
subjects: ["Businesses: securities", "Occupations: licensing fees", "State agencies (existing): licensing and regulatory affairs", "Trade: securities"]
status: "enacted"
primary_sponsors: ["Phil Skaggs"]
version_count: 7
action_count: 26
vote_count: 2
first_action: "2023-09-14"
last_action: "2023-10-03"
source: "openstates"
source_identifier: "ocd-bill/5ee10a0c-2d09-4e31-89ba-05f8e1584acb"
source_url: "https://legislature.mi.gov/Bills/Bill?ObjectName=2023-HB-4994"
source_hash: "dba8883135afc3d213c90bc086016111e43c73de8299e0de9f30097adc4f7022"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-mi"]
---

# Michigan HB 4994 (2023-2024) — Businesses: securities; certain fees under the uniform securities act (2002); modify. Amends sec. 410 of 2008 PA 551 (MCL 451.2410).

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **As Passed by the House** (committee substitute) — [source](https://legislature.mi.gov/documents/2023-2024/billengrossed/House/pdf/2023-HEBH-4994.pdf)
2. **As Passed by the Senate** (committee substitute) — [source](https://legislature.mi.gov/documents/2023-2024/billengrossed/House/pdf/2023-HEBS-4994.pdf)
3. **House Concurred Bill** (committee substitute) — [source](https://legislature.mi.gov/documents/2023-2024/billconcurred/House/pdf/2023-HCB-4994.pdf)
4. **House Introduced Bill** (committee substitute) — [source](https://legislature.mi.gov/documents/2023-2024/billintroduced/House/pdf/2023-HIB-4994.pdf)
5. **Public Act** (committee substitute) — [source](https://legislature.mi.gov/documents/2023-2024/publicact/pdf/2023-PA-0132.pdf)
6. **Substitute (H-2)** (committee substitute) — [source](https://legislature.mi.gov/Home/GetObject?objectName=2023-HCVBS-4994-0N295.pdf)
7. **Substitute (H-2) - 2** (committee substitute) — [source](https://legislature.mi.gov/Home/GetObject?objectName=2023-HCVBS-4994-0O338.pdf)

## Votes

- passed; given immediate effect Roll Call # 298 Yeas 56 Nays 54 Excused 0 Not Voting 0 — **56–54** (pass) · lower
- PASSED; GIVEN IMMEDIATE EFFECT ROLL CALL # 460 YEAS 20 NAYS 18 EXCUSED 0 NOT VOTING 0 — **20–18** (pass) · upper

## Sponsors

- Phil Skaggs — primary (person)
- Angela Witwer — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2023-09-14** introduced by Representative Phil Skaggs `introduction`
- **2023-09-14** read a first time `reading-1`
- **2023-09-14** referred to Committee on Appropriations `referral-committee`
- **2023-09-19** bill electronically reproduced 09/14/2023
- **2023-09-20** reported with recommendation with substitute (H-2) `committee-passage`
- **2023-09-20** referred to second reading
- **2023-09-20** read a second time `reading-2`
- **2023-09-20** substitute (H-2) adopted
- **2023-09-20** placed on third reading
- **2023-09-20** placed on immediate passage
- **2023-09-20** read a third time `reading-3`
- **2023-09-20** passed; given immediate effect Roll Call # 298 Yeas 56 Nays 54 Excused 0 Not Voting 0 `passage`
- **2023-09-20** transmitted
- **2023-09-26** RULES SUSPENDED
- **2023-09-26** REFERRED TO COMMITTEE OF THE WHOLE `referral-committee`
- **2023-09-26** REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITHOUT AMENDMENT(S) `committee-passage`
- **2023-09-26** PLACED ON ORDER OF THIRD READING
- **2023-09-27** PASSED; GIVEN IMMEDIATE EFFECT ROLL CALL # 460 YEAS 20 NAYS 18 EXCUSED 0 NOT VOTING 0 `passage`
- **2023-09-27** INSERTED FULL TITLE
- **2023-09-27** returned from Senate without amendment with immediate effect and full title
- **2023-09-27** full title agreed to
- **2023-09-27** bill ordered enrolled
- **2023-09-28** presented to the Governor 09/28/2023 04:50 PM `executive-receipt`
- **2023-10-03** approved by the Governor 09/29/2023 11:24 AM `executive-signature`
- **2023-10-03** filed with Secretary of State 09/29/2023 01:22 PM
- **2023-10-03** assigned PA 132'23 with immediate effect

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/5ee10a0c-2d09-4e31-89ba-05f8e1584acb`. Confidence: reported (aggregated from official Michigan legislature records).