MEMBERS:
SEN. ARIC NESBITT, MAJORITY VICE CHAIR
SEN. KEVIN DALEY
SEN. JON C. BUMSTEAD
SEN. CURTIS S. VANDERWALL
SEN. STEPHANIE CHANG, MINORITY VICE CHAIR
SEN. BETTY JEAN ALEXANDER
THE SENATE
COMMITTEE ON FINANCE
SENATOR JIM RUNESTAD
CHAIR
7500 BINSFELD OFFICE BUILDING
P.O. BOX 30036
LANSING, MICHIGAN 48909-7536
PHONE: (517) 373-1758
FAX: (517) 373-0938
COMMITTEE MEETING MINUTES
October 27, 2021
A meeting of the Senate Committee on Finance was scheduled for Wednesday, October 27, 2021, at 12:30 p.m.,
in room 1200 of the Binsfeld Office Building.
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The agenda summary is as follows:
1. Reported HB 5376 (Rep. Tisdel) with recommendation and immediate effect.
2. Reported HB 4289 (Rep. Damoose) with recommendation and immediate effect.
3. Reported HB 4290 (S-1) (Rep. Manoogian) with recommendation and immediate effect.
4 Reported SB 698 (Sen. Runestad) with recommendation and immediate effect.
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The Chair called the meeting to order at 12:36 p.m. He instructed the Clerk to call the roll. At that time, the
following members were present: Chair Runestad, Sen.(s) Nesbitt, Bumstead, VanderWall, Chang and
Alexander, a quorum was present.
The Chair entertained a motion by Sen. Nesbitt to adopt the meeting minutes from October 20, 2021. Without
objection, the minutes were adopted.
The Chair brought up HB 5376 and invited Rep. Tisdel to summarize the bill.
The cards were read of those individuals not wishing to present testimony regarding HB 5376:
Matt Patton, Detroit Regional Chamber – Support
Leah Robinson, Michigan Chamber – Support
Mike Johnston, Michigan Manufactures Association – Support
Amy Drumm, Michigan Retailers Association – Support
Brian Calley, Small Business Association of Michigan – Support
Brian Reardon, S-Corp Association – Support
Rebecca Park, Michigan Farm Bureau – Support
Matt Wesolek, Michigan Association of Insurance Agents – Support
The Chair entertained a motion by Sen. Nesbitt to report HB 5376 to the floor with recommendation that it pass.
The vote was as follows:
Yeas: Chair Runestad, Sen.(s) Nesbitt, Bumstead, VanderWall, Chang and Alexander
Nays: None
The motion prevailed and the bill was reported.
The Chair moved to recommend immediate effect for HB 5376. Without objection, immediate effect was
recommended.
The Chair brought up HB 4289 and HB 4290 and offered an (S-1) version of HB 4290. The Chair invited Brad
Ward of the Michigan Realtors to summarize the bills.
The cards were read of those individuals not wishing to present testimony regarding HB's 4289 and 4290:
Brad Ward, Michigan Realtors – Support
Matt Sowash, Zillow – Support
John Lindley, Michigan Manufactured Housing Association – Support
Joanne Misuraca, Michigan Mortgage Lenders Association – Support
Leah Robinson, Michigan Chamber – Support
The Chair entertained a motion by Sen. Nesbitt to report HB 4289 to the floor with recommendation that it pass.
The vote was as follows:
Yeas: Chair Runestad, Sen.(s) Nesbitt, Bumstead, VanderWall, Chang and Alexander
Nays: None
The motion prevailed and the bill was reported.
The Chair moved to recommend immediate effect for HB 4289. Without objection, immediate effect was
recommended.
The Chair entertained a motion by Sen. Nesbitt to adopt the (S-1) version of HB 4290. The vote was as follows:
Yeas: Chair Runestad, Sen.(s) Nesbitt, Bumstead, VanderWall, Chang and Alexander
Nays: None
The motion prevailed and the (S-1) was adopted.
The Chair entertained a motion by Sen. Chang to report HB 4290 (S-1) to the floor with recommendation that it
pass. The vote was as follows:
Yeas: Chair Runestad, Sen.(s) Nesbitt, Bumstead, VanderWall, Chang and Alexander
Nays: None
The motion prevailed and the bill was reported.
The Chair moved to recommend immediate effect for HB 4290. Without objection, immediate effect was
recommended.
The Chair brought up SB 698 and summarized the bill.
The cards were read of those individuals not wishing to present testimony regarding SB 698:
Deena Bosworth, Michigan Association of Counties – Support
Judy Allen, Michigan Townships Association – Support
Amanda Fisher, National Federation of Independent Business – Support
Mike Johnston, Michigan Manufactures Association – Support
Andy Johnston, Grand Rapids Chamber of Commerce – Support
Chris Hackbarth, Michigan Municipal League – Support
Aaron Keel, Michigan Department of Treasury – Support
Amy Brumm, Michigan Retailers Association – Support
Manny Lentine, Michigan Assessors Association – Support
The Chair entertained a motion by Sen. Nesbitt to report SB 698 to the floor with recommendation that it pass.
The vote was as follows:
Yeas: Chair Runestad, Sen.(s) Nesbitt, Bumstead, VanderWall, Chang and Alexander
Nays: None
The motion prevailed and the bill was reported.
The Chair moved to recommend immediate effect for SB 698. Without objection, immediate effect was
recommended
The Chair moved to excuse absent members from the meeting. Without objection, Sen. Daley was excused
from the meeting.
There being no further business before the committee, the Chair moved to adjourn the meeting. Without
objection, the committee was adjourned at 12:51 p.m.
Date Adopted by Committee: 11/10/2021