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
March 10, 2021
A meeting of the Senate Committee on Finance was scheduled for Wednesday, March 10, 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 25 (S-1) (Sen. Barrett) with recommendation.
2. Testimony regarding SB 145 (Sen. Horn).
3. Testimony regarding SB 146 (Sen. Runestad).
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The Chair called the meeting to order at 12:26 p.m. He instructed the Clerk to call the roll. At that time, the
following members were present: Chairman 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 March 3, 2021. Without
objection, the minutes were adopted.
The Chair invited Sen. Horn to summarize SB's 145-146.
The Chair invited the following individual to present testimony regarding SB's 145-146:
Brad Ward, Michigan Realtors – Support
Paul Connors, Michigan Department of Treasury - Oppose
The Chair brought up SB 25.
The Chair entertained a motion by Sen. Nesbitt to report SB 25 as amended, as a clean substitute, to the floor
with recommendation that the bill pass. The vote was as follows:
Yeas: Chairman Runestad, Sen.(s) Nesbitt, Daley, Bumstead, VanderWall, Chang and Alexander
Nays: None
The motion prevailed and the bill was reported.
There being no further business before the committee, the Chairman moved to adjourn the meeting. Without
objection, the committee was adjourned at 12:46 p.m.
Date Adopted by Committee: 03/24/2021