5941153bb7
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
83 lines
4.3 KiB
Markdown
83 lines
4.3 KiB
Markdown
---
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type: "Bill"
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title: "Insurance: annuities; determining minimum nonforfeiture amounts; modify. Amends sec. 4072 of 1956 PA 218 (MCL 500.4072)."
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description: "Insurance: annuities; determining minimum nonforfeiture amounts; modify. Amends sec. 4072 of 1956 PA 218 (MCL 500.4072)."
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jurisdiction: "us/states/mi"
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legislature: "Michigan Legislature"
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session: "2021-2022"
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identifier: "SB 624"
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citation: "Michigan SB 624 (2021-2022)"
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classification: ["bill"]
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subjects: ["Insurance: annuities"]
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status: "enacted"
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primary_sponsors: ["Lana Theis"]
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version_count: 4
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action_count: 24
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vote_count: 2
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first_action: "2021-09-01T04:00:00+00:00"
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last_action: "2022-07-20T04:00:00+00:00"
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source: "openstates"
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source_identifier: "ocd-bill/e8c0c583-1ad6-43d9-a936-7fce0a2252c0"
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source_url: "http://legislature.mi.gov/doc.aspx?2021-SB-0624"
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source_hash: "135c949cbf125ba8d89b856f33eebb349e7ab4ee6e58e01b1bf9073134e2fcf7"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-mi"]
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---
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# Michigan SB 624 (2021-2022) — Insurance: annuities; determining minimum nonforfeiture amounts; modify. Amends sec. 4072 of 1956 PA 218 (MCL 500.4072).
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **As Passed by the House** (committee substitute) — [source](http://legislature.mi.gov/documents/2021-2022/billengrossed/Senate/htm/2021-SEBH-0624.htm)
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2. **As Passed by the Senate** (committee substitute) — [source](http://legislature.mi.gov/documents/2021-2022/billengrossed/Senate/htm/2021-SEBS-0624.htm)
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3. **Public Act** (committee substitute) — [source](http://legislature.mi.gov/documents/2021-2022/publicact/htm/2022-PA-0150.htm)
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4. **Senate Introduced Bill** (committee substitute) — [source](http://legislature.mi.gov/documents/2021-2022/billintroduced/Senate/htm/2021-SIB-0624.htm)
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## Votes
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- PASSED ROLL CALL # 433 YEAS 34 NAYS 1 EXCUSED 1 NOT VOTING 0 — **34–1** (pass) · upper
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- passed; given immediate effect Roll Call # 334 Yeas 102 Nays 3 Excused 0 Not Voting 5 — **102–3** (pass) · lower
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## Sponsors
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- Lana Theis — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-09-01T04:00:00+00:00** INTRODUCED BY SENATOR LANA THEIS `introduction`
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- **2021-09-01T04:00:00+00:00** REFERRED TO COMMITTEE ON INSURANCE AND BANKING `referral-committee`
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- **2021-10-28T04:00:00+00:00** REPORTED FAVORABLY WITHOUT AMENDMENT `committee-passage`
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- **2021-10-28T04:00:00+00:00** REFERRED TO COMMITTEE OF THE WHOLE `referral-committee`
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- **2021-11-02T04:00:00+00:00** REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITHOUT AMENDMENT(S) `committee-passage`
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- **2021-11-02T04:00:00+00:00** PLACED ON ORDER OF THIRD READING
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- **2021-11-10T05:00:00+00:00** PASSED ROLL CALL # 433 YEAS 34 NAYS 1 EXCUSED 1 NOT VOTING 0 `passage`
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- **2021-11-10T05:00:00+00:00** received on 11/10/2021 `introduction`
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- **2021-11-10T05:00:00+00:00** read a first time `reading-1`
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- **2021-11-10T05:00:00+00:00** referred to Committee on Insurance `referral-committee`
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- **2022-05-19T04:00:00+00:00** reported with recommendation without amendment `committee-passage`
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- **2022-05-19T04:00:00+00:00** referred to second reading
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- **2022-06-21T04:00:00+00:00** read a second time `reading-2`
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- **2022-06-21T04:00:00+00:00** placed on third reading
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- **2022-06-30T04:00:00+00:00** read a third time `reading-3`
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- **2022-06-30T04:00:00+00:00** passed; given immediate effect Roll Call # 334 Yeas 102 Nays 3 Excused 0 Not Voting 5 `passage`
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- **2022-06-30T04:00:00+00:00** inserted full title
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- **2022-06-30T04:00:00+00:00** returned to Senate
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- **2022-06-30T04:00:00+00:00** FULL TITLE AGREED TO
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- **2022-06-30T04:00:00+00:00** ORDERED ENROLLED
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- **2022-07-20T04:00:00+00:00** PRESENTED TO GOVERNOR 07/07/2022 11:12 AM `executive-receipt`
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- **2022-07-20T04:00:00+00:00** APPROVED BY GOVERNOR 07/19/2022 09:38 AM `executive-signature`
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- **2022-07-20T04:00:00+00:00** FILED WITH SECRETARY OF STATE 07/19/2022 12:00 PM
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- **2022-07-20T04:00:00+00:00** ASSIGNED PA 0150'22
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e8c0c583-1ad6-43d9-a936-7fce0a2252c0`. Confidence: reported (aggregated from official Michigan legislature records).
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