---
type: "Bill"
title: "Public utilities: electric utilities; long-term industrial load rates; prohibit from being subject to securitization charges. Amends sec. 10gg of 1939 PA 3 (MCL 460.10gg)."
description: "Public utilities: electric utilities; long-term industrial load rates; prohibit from being subject to securitization charges. Amends sec. 10gg of 1939 PA 3 (MCL 460.10gg)."
jurisdiction: "us/states/mi"
legislature: "Michigan Legislature"
session: "2023-2024"
identifier: "SB 504"
citation: "Michigan SB 504 (2023-2024)"
classification: ["bill"]
subjects: ["Public utilities: electric utilities", "Public utilities: public service commission", "Public utilities: rates"]
status: "enacted"
primary_sponsors: ["Kristen McDonald Rivet"]
version_count: 4
action_count: 27
vote_count: 2
first_action: "2023-09-19"
last_action: "2024-12-20"
source: "openstates"
source_identifier: "ocd-bill/39ae9ab2-6347-4c46-a34c-8dadc63f228c"
source_url: "https://legislature.mi.gov/Bills/Bill?ObjectName=2023-SB-0504"
source_hash: "d0b92a02ad6413ecc998c173e3adb20cccec10e0b79317fb8abbad8c22ebf5e0"
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 SB 504 (2023-2024) — Public utilities: electric utilities; long-term industrial load rates; prohibit from being subject to securitization charges. Amends sec. 10gg of 1939 PA 3 (MCL 460.10gg).

## 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/Senate/pdf/2023-SEBH-0504.pdf)
2. **As Passed by the Senate** (committee substitute) — [source](https://legislature.mi.gov/documents/2023-2024/billengrossed/Senate/pdf/2023-SEBS-0504.pdf)
3. **Public Act** (committee substitute) — [source](https://legislature.mi.gov/documents/2023-2024/publicact/pdf/2024-PA-0167.pdf)
4. **Senate Introduced Bill** (committee substitute) — [source](https://legislature.mi.gov/documents/2023-2024/billintroduced/Senate/pdf/2023-SIB-0504.pdf)

## Votes

- passed; given immediate effect Roll Call # 356 Yeas 82 Nays 20 Excused 0 Not Voting 8 — **82–20** (pass) · lower
- PASSED ROLL CALL # 65 YEAS 35 NAYS 2 EXCUSED 1 NOT VOTING 0 — **35–2** (pass) · upper

## Sponsors

- Kristen McDonald Rivet — primary (person)

## Timeline

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

- **2023-09-19** INTRODUCED BY SENATOR KRISTEN MCDONALD RIVET `introduction`
- **2023-09-19** REFERRED TO COMMITTEE ON ENERGY AND ENVIRONMENT `referral-committee`
- **2024-03-19** REPORTED FAVORABLY WITHOUT AMENDMENT `committee-passage`
- **2024-03-19** REFERRED TO COMMITTEE OF THE WHOLE `referral-committee`
- **2024-03-19** RULES SUSPENDED FOR IMMEDIATE CONSIDERATION
- **2024-03-19** REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITHOUT AMENDMENT(S) `committee-passage`
- **2024-03-19** PLACED ON ORDER OF THIRD READING
- **2024-03-19** RULES SUSPENDED
- **2024-03-19** PLACED ON IMMEDIATE PASSAGE
- **2024-03-19** PASSED ROLL CALL # 65 YEAS 35 NAYS 2 EXCUSED 1 NOT VOTING 0 `passage`
- **2024-03-19** received on 03/19/2024 `introduction`
- **2024-03-19** read a first time `reading-1`
- **2024-03-19** referred to Committee on Energy, Communications, and Technology `referral-committee`
- **2024-11-13** reported with recommendation without amendment `committee-passage`
- **2024-11-13** referred to second reading
- **2024-11-14** read a second time `reading-2`
- **2024-11-14** placed on third reading
- **2024-11-14** placed on immediate passage
- **2024-11-14** read a third time `reading-3`
- **2024-11-14** passed; given immediate effect Roll Call # 356 Yeas 82 Nays 20 Excused 0 Not Voting 8 `passage`
- **2024-11-14** returned to Senate
- **2024-12-05** FULL TITLE AGREED TO
- **2024-12-05** ORDERED ENROLLED
- **2024-12-11** PRESENTED TO GOVERNOR 12/10/2024 09:18 AM `executive-receipt`
- **2024-12-20** APPROVED BY GOVERNOR 12/17/2024 12:38 PM `executive-signature`
- **2024-12-20** FILED WITH SECRETARY OF STATE 12/17/2024 01:06 PM
- **2024-12-20** ASSIGNED PA 0167'24

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/39ae9ab2-6347-4c46-a34c-8dadc63f228c`. Confidence: reported (aggregated from official Michigan legislature records).