MEMBERS:
SEN. JEREMY MOSS, MAJORITY VICE CHAIR
SEN. SEAN MCCANN
SEN. ROSEMARY BAYER
SEN. JEFF IRWIN
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
FAX: (517) 373-1387
COMMITTEE MEETING MINUTES
November 8, 2023
A meeting of the Senate Committee on Finance, Insurance, and Consumer Protection was scheduled for
Wednesday, November 8, 2023, at 9:45 a.m., in the 1200 Room of the Binsfeld Office Building.
The agenda summary is as follows:
1. Reported SB 415 (Sen. Klinefelt) with recommendation.
2. Reported SB 416 (Sen. Klinefelt) with recommendation.
3. Reported HB 4197 (Rep. Witwer) with recommendation.
4. Reported SB 282 (S-1) (Sen. Santana) with recommendation.
The Chair called the meeting to order at 9:49 a.m.. She instructed the Clerk to call the roll. At that time, the
following members were present: Chair Cavanagh, Sen.(s) Moss, McCann, Bayer, Irwin, Huizenga, Theis and
Daley, a quorum was present.
The Chair entertained a motion by Sen. Moss to adopt the meeting minutes from November 1, 2023. Without
objection, the minutes were adopted.
The Chair read the cards of those individuals not wishing to testify before the committee regarding SB 415:
James Hohman, Mackinac Center – Opposition
The Chair read the cards of those individuals not wishing to testify before the committee regarding SB 415 and
SB 416:
Rob Mass, Michigan Department of Treasury – Support
The Chair entertained a motion by Sen. Bayer to report SB 415 to the floor with recommendation that it pass.
The vote was as follows:
Yeas: Chair Cavanagh, Sen.(s) Moss, McCann, Bayer, Irwin, Huizenga, Theis, and Daley.
Nays: None
The motion prevailed and the bill was reported.
The Chair entertained a motion by Sen. Moss to report SB 416 to the floor with recommendation that it pass.
The vote was as follows:
Yeas: Chair Cavanagh, Sen.(s) Moss, McCann, Bayer, Irwin, Huizenga, Theis, and Daley.
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Nays: None
The motion prevailed and the bill was reported.
Sen. Theis offered, and summarized, a Theis Amendment #1, to SB 282.
The Chair entertained a motion by Sen. Theis to adopt the Theis Amendment #1 to SB 282. The vote was as
follows:
Yeas: Chair Cavanagh, Sen.(s) Moss, McCann, Bayer, Irwin, Huizenga, Theis, and Daley.
Nays: None
The motion prevailed and the amendment was adopted.
The Chair entertained a motion by Sen. Theis to report SB 282 as amended, as a clean substitute, to the floor
with recommendation that it pass. The vote was as follows:
Yeas: Chair Cavanagh, Sen.(s) Moss, McCann, Bayer, Irwin, Huizenga, Theis, and Daley.
Nays: None
The motion prevailed and the bill was reported.
The Chair read the cards of those individuals not wishing to testify before the committee regarding HB 4197:
Alex Morris, Michigan Bankers – Support
Melissa Seifert, AARP – Support
The Chair entertained a motion by Sen. McCann to report HB 4197 to the floor with recommendation that it
pass. The vote was as follows:
Yeas: Chair Cavanagh, Sen.(s) Moss, McCann, Bayer, Irwin, Huizenga, Theis, and Daley.
Nays: None
The motion prevailed and the bill was reported.
There being no further business before the committee, the Chair moved to adjourn the committee. Without
objection, the committee was adjourned at 9:53 a.m..
Date adopted by committee: 02/07/24
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