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
May 26, 2021
A meeting of the Senate Committee on Finance was scheduled for Wednesday, May 26, 2021, at 12:00 p.m., in
room 403 of the Capitol Building.
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The agenda summary is as follows:
1. Reported SB 393 (S-1) (Sen. Daley) with recommendation.
2. Reported HB 4288 (Rep. Tisdel) with recommendation.
3. Testimony regarding SB 195 (Sen. Nesbitt).
4. Testimony regarding SB 392 (Sen. Bumstead).
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The Chair called the meeting to order at 12:04 p.m. He instructed the Clerk to call the roll. At that time, the
following members were present: Chair Runestad, Sen.(s) Nesbitt, Daley, Bumstead, VanderWall, Chang, and
Alexander a quorum was present.
The Chair entertained a motion by Sen. Nesbitt to adopt the meeting minutes from May 19, 2021. Without
objection, the minutes were adopted.
The Chair brought up the (S-1) version of SB 393.
The Chair entertained a motion by Sen. Daley to adopt the (S-1) version of SB 393. The vote was as follows:
Yeas: Chair Runestad, Sen.(s) Nesbitt, Daley, Bumstead, VanderWall, Chang and Alexander
Nays: None
The motion prevailed and the (S-1) was adopted.
The card was read of the individual not wishing to present testimony regarding SB 393:
Dan Papineau, Michigan Chamber of Commerce – Support
The Chair entertained a motion by Sen. Daley to report SB 393 (S-1) to the floor with recommendation that the
bill pass. The vote was as follows:
Yeas: Chair Runestad, Sen.(s) Nesbitt, Daley, Bumstead and VanderWall
Nays: Sen.(s) Chang and Alexander
The motion prevailed and the bill was reported.
The Chair brought up HB 4288.
Sen. Chang offer an (S-2) version of HB 4288 and summarized the (S-2).
The Chair entertained a motion by Sen. Chang to adopt the (S-2) version of HB 4288. The vote was as follows:
Yeas: Sen.(s) Chang and Alexander
Nays: Chair Runestad, Sen.(s) Nesbitt, Daley, Bumstead and VanderWall
The motion failed and the (S-2) was not adopted.
The card was read of the individual not wishing to present testimony regarding HB 4288:
John Lindley, Michigan Association of CPAS – Support
The Chair entertained a motion by Sen. Nesbitt to report HB 4288 to the floor with recommendation that the bill
pass. The vote was as follows:
Yeas: Chair Runestad, Sen.(s) Nesbitt, Daley, Bumstead and VanderWall
Nays: Sen.(s) Chang and Alexander
The motion prevailed and the bill was reported.
The Chair brought up SB 195 and invited Sen. Nesbitt to summarize the bill.
The Chair invited the following individuals to present testimony regarding SB 195:
Dan Papineau, Michigan Chamber – Support
Paul Connors, Michigan Department of Treasury (via Zoom) - Oppose
The cards were read of those individuals not wishing to present testimony regarding SB 195:
Meredith Beeson, Global Business Alliance – Support
Mike Johnston, Michigan Manufacturing Association – Support
The Chair brought up SB 392 and invited Sen. Bumstead to summarize the bill.
The cards were read of those individuals not wishing to present testimony regarding SB 392:
Mike Johnston, Michigan Manufacturing Association – Support
Aaron Keel, Michigan Department of Treasury – Oppose
Micah Babcock, Small Business Association of Michigan – Support
Rachel Richards, Michigan League for Public Policy – Oppose
Dan Papineau, Michigan Chamber - Support
Amanda Fisher, National Federation of Independent Business - Support
There being no further business before the committee, the Chair moved to adjourn the meeting. Without
objection, the committee was adjourned at 12:25 p.m.
Date Adopted by Committee: 06/02/21