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
June 15, 2022
A meeting of the Senate Committee on Finance was scheduled for Wednesday, June 15, 2022, at 1:00 p.m., in
room 1200 of the Binsfeld Office Building.
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The agenda summary is as follows:
1. Reported HB 4812 (Rep. Alexander) with recommendation and immediate effect.
2. Reported SB 1060 (S-2) (Sen. Huizenga) with recommendation and immediate effect.
3. Reported SB 1061 (S-2) (Sen. LaSata) with recommendation and immediate effect.
4. Reported SB 1062 (S-2) (Sen. MacDonald) with recommendation and immediate effect.
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The Chair called the meeting to order at 1:32 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 June 8, 2022. Without
objection, the minutes were adopted.
The Chair brought up HB 4812 and remined members that testimony was received on HB 4812 during the
previous committee hearing.
The cards were read of those individuals not wishing to present testimony regarding HB 4812:
Aaron Keel, Michigan Department of Treasury - Neutral
The Chair entertained a motion by Sen. Nesbitt to report HB 4812 to the floor with recommendation that it pass.
The vote was as follows:
Yeas: Chair Runestad, Sen.(s) Nesbitt, Daley, Bumstead, VanderWall, Chang and Alexander
Nays: None
The motion prevailed and the bill was reported.
The Chair moved to recommend immediate effect for HB 4812. Without objection, immediate effect was
recommended.
The Chair brought up SB's 1060, 1061 and 1062 remined members that testimony was received on SB's 1060,
1061 and 1062 during the previous committee hearing.
The cards were read of those individuals not wishing to present testimony regarding SB's 1060, 1061 and 1062:
Alexa Kramer, Small Business Association of Michigan – Support
Judy Allen, Michigan Townships Association – Support
Amanda Tomich, Michigan Assessors Association – Support SB 1060
The Chair entertained a motion by Sen. Nesbitt to adopt the (S-2) version of SB 1060. 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-2) was adopted.
The Chair entertained a motion by Sen. Bumstead to report SB 1060 (S-2) to the floor with recommendation
that it pass. The vote was as follows:
Yeas: Chair Runestad, Sen.(s) Nesbitt, Daley, Bumstead, VanderWall, Chang and Alexander
Nays: None
The motion prevailed and the bill was reported.
The Chair moved to recommend immediate effect for SB 1060 (S-2). Without objection, immediate effect was
recommended.
Sen. Nesbitt offer amendment #1 to SB 1061 (S-1).
The Chair entertained a motion by Sen. Nesbitt to adopt amendment #1 to SB 1061 (S-1). The vote was as
follows:
Yeas: Chair Runestad, Sen.(s) Nesbitt, Daley, Bumstead, VanderWall, Chang and Alexander
Nays: None
The motion prevailed and the amendment was adopted.
The Chair entertained a motion by Sen. Nesbitt to adopt the (S-1) version of SB 1061 as amended. 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 Chair entertained a motion by Sen. Nesbitt to report SB 1061 (S-1) as amended, as a clean substitute, to the
floor with recommendation that it pass. The vote was as follows:
Yeas: Chair Runestad, Sen.(s) Nesbitt, Daley, Bumstead, VanderWall, Chang and Alexander
Nays: None
The motion prevailed and the bill was reported.
The Chair moved to recommend immediate effect for SB 1061 (S-2). Without objection, immediate effect was
recommended.
The Chair entertained a motion by Sen. Chang to adopt the (S-2) version of SB 1062. 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-2) was adopted.
The Chair entertained a motion by Sen. Alexander to report SB 1062 (S-2) to the floor with recommendation
that it pass. The vote was as follows:
Yeas: Chair Runestad, Sen.(s) Nesbitt, Daley, Bumstead, VanderWall, Chang and Alexander
Nays: None
The motion prevailed and the bill was reported.
The Chair moved to recommend immediate effect for SB 1062 (S-2). Without objection, immediate effect was
recommended.
There being no further business before the committee, the Chair moved to adjourn the meeting. Without
objection, the committee was adjourned at 1:39 p.m.
Date Adopted by Committee: 11/29/2022