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MEMBERS:
SEN. JEFF IRWIN, MAJORITY VICE CHAIR
SEN. SEAN MCCANN
SEN. ROSEMARY BAYER
SEN. DARRIN CAMILLERI
SEN. MARK HUIZENGA, MINORITY VICE CHAIR
SEN. LANA THEIS
SEN. KEVIN DALEY
THE SENATE
COMMITTEE ON FINANCE, INSURANCE,
AND CONSUMER PROTECTION
SENATOR MARY CAVANAGH
CHAIR
6500 BINSFELD OFFICE BUILDING
P.O. BOX 30036
LANSING, MICHIGAN 48909-7536
PHONE: (517) 373-7748
DRAFT
COMMITTEE MEETING MINUTES
May 07, 2025
A meeting of the Senate Committee on Finance, Insurance, and Consumer Protection was scheduled for
Wednesday, May 7, 2025, at 12:30 p.m. in the Room 1200 of the Binsfeld Office Building
The agenda summary is as follows:
1. Presentations from the Michigan Bankers Association and the Michigan Credit Union League.
2. Testimony regarding SB 134 (Sen. Singh).
The Chair called the meeting to order at 12:33 p.m.. The Chair instructed the Clerk to call the roll. At that
time, the following members were present: Chair Cavanagh, Sen.(s) Irwin, McCann, Bayer, Huizenga, Theis
and Daley
The Chair entertained a motion by Senator Irwin to adopt the meeting minutes from April 23, 2025. Without
objection, the minutes were adopted.
The Chair made a motion to excuse absent members from the meeting. Without objection, Senator Camilleri
was excused from the meeting.
The Chair invited the following individuals to present:
Alex Morris and Patricia Herndon, Michigan Bankers Association
Kieran Marion, Michigan Credit Union League
Paul Fiore and Joshua Herman, CU Wealth Next
The Chair invited the following individuals to present testimony regarding SB 134:
Sen. Sam Singh – Support
Jason Evans and Ashley Steffen, Department of Attorney General – Support
Shawon Cecil, Michigan Realtors – Opposition
Amanda Fisher, NFIB – Opposition
Libby Benton, Michigan Poverty Law Program – Support
The Chair read the cards of those individuals not wishing to testify before the committee regarding SB 134:
Mary Pollock, Michigan State Employees Retirement Association – Support
Tiffany Ellis and Mitch Albers, Michigan Association for Justice – Support
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Dave Worthams, Michigan Manufacturers Association – Opposition
Eric Chappell, ABC Michigan – Opposition
Ken Morin, Life Insurance Association of Michigan – Opposition
Valerie Knol, Stellantis – Opposition
DaeSean Ashby, Michigan Credit Union League – Opposition
Brian Shoaf, Detroit Regional Chamber – Opposition
Elizabeth Kutter, Michigan Health and Hospital Association – Opposition
Jacob Manning, Small Business Association of Michigan – Opposition
John Lindley, Michigan Manufactured Housing, RV, and Campground Association – Opposition
Patricia Herndon, Michigan Bankers Association – Opposition
Drew Beardslee, Michigan Retailers Association – Opposition
Jacqui Dolce, Grand Rapids Chamber – Opposition
Mike Frederick, Michigan Ground Water Association – Opposition
Rob Anderson, Farm Bureau – Opposition
Angela Ayers, Ford Motor Company – Opposition
Craig Puckett, Big I Michigan – Opposition
Wendy Block, Michigan Chamber – Opposition
Dawn Crandall, Michigan Association of Home Builders – Opposition
There being no further business before the committee, the Chair made a motion to adjourn the committee at
1:31 p.m. Without objection, the committee was adjourned.