MEMBERS:
SEN. DAN LAUWERS, MAJORITY VICE CHAIR
SEN. KIMBERLY A. LASATA
SEN. ARIC NESBITT
SEN. KEVIN DALEY
SEN. TOM BARRETT
SEN. KEN HORN
SEN. ERIKA GEISS, MINORITY VICE CHAIR
SEN. MARSHALL BULLOCK
SEN. MALLORY MCMORROW
THE SENATE
COMMITTEE ON INSURANCE AND
BANKING
SENATOR LANA THEIS
CHAIR
7400 BINSFELD OFFICE BUILDING
P.O. BOX 30036
LANSING, MICHIGAN 48909-7536
PHONE: (517) 373-2420
FAX: (517) 373-2764
**DRAFT**
COMMITTEE MEETING MINUTES
July 23, 2020
A meeting of the Senate Committee on Insurance and Banking was scheduled for Thursday, July 23, 2020, at
8:30 a.m., in the Senate Hearing Room, Ground Floor, Boji Tower.
The agenda summary is as follows:
1. Reported SB 1015 (Sen. Theis) with recommendation and immediate effect.
The Chair called the meeting to order at 8:31 a.m. She instructed the Clerk to call the roll. At that time, the
following members were present: Chair Theis, Sen.(s) Lauwers, LaSata, Nesbitt, Daley, Barrett, Horn, Geiss,
Bullock and McMorrow, a quorum was present.
The Chair entertained a motion by Sen. Lauwers to adopt the meeting minutes from March 11, 2020. Without
objection, the minutes were adopted.
The Chair invited the following individuals to present testimony regarding SB 1015:
Ken Ross, John Hancock – No Position
The Chair read the cards of those individuals not wishing to testify before the committee regarding SB 1015:
Karin Gyger, Michigan Department of Insurance and Financial Services – Support
David Zyble, Jackson National Life – Support
At 8:40 a.m., the Chair recessed the committee.
At 8:51 a.m., the Chair reconvened the committee.
The Chair entertained a motion by Sen. Lauwers to report SB 1015 to the floor with recommendation that it
pass. The vote was as follows:
Yeas: Chair Theis, Sen.(s) Lauwers, LaSata, Nesbitt, Daley, Barrett, Horn, Geiss, Bullock, and McMorrow.
Nays: None
The motion prevailed and the bill was reported.
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The Chair made a motion to recommend immediate effect for SB 1015. Without objection, immediate effect
was recommended.
There being no further business before the committee, the Chair moved to adjourn the committee. Without
objection, the committee was adjourned at 8:52 a.m.
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