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
November 10, 2021
A meeting of the Senate Committee on Finance was scheduled for Wednesday, November 10, 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. Testimony regarding SB 720 (Sen. Runestad).
2. Testimony regarding SB 721 (Sen. Runestad).
3. Testimony regarding SB 722 (Sen. Runestad).
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The Chair called the meeting to order at 12:33 p.m. He instructed the Clerk to call the roll. At that time, the
following members were present: Chair Runestad, Sen.(s) Nesbitt, Daley, VanderWall, Chang and Alexander, a
quorum was present.
The Chair entertained a motion by Sen. Nesbitt to adopt the meeting minutes from October 27, 2021. Without
objection, the minutes were adopted.
The Chair brought up SB's 720 – 722.
The Chair invited the following individuals to present testimony regarding SB's 720 – 722:
Paul Connors, Legislative Liaison, Michigan Department of Treasury – Support
Sal Gaglio, Tax Policy Division, Michigan Department of Treasury – Support
Jack Panitch, Tax Policy Division, Michigan Department of Treasury – Support
The cards were read of those individuals not wishing to present testimony regarding SB's 720 – 722:
Matt Breslin, Cigar Association of America – Support SB 720
Andrew Schepers, American Cancer Society Cancer Action Network – Oppose
The Chair moved to excuse absent members from the meeting. Without objection, Sen. Bumstead 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 1:12 p.m.
Date Adopted by Committee: 12/08/2021