to adopt the meeting minutes from May 22, 2024.
Representative Tyrone Carter moved to adopt the meeting minutes from May 22, 2024. There being no objection, the motion prevailed by unanimous consent. The Chair laid HB 5110 before the committee: HB 5110 (Rep. Wozniak) An act to allow certain fiduciaries to convert income trusts to unitrusts, convert express unitrusts to income trusts, and change the percentage or method used to calculate unitrust amounts. The following person submitted a card with a neutral position on HB 5110, but did not wish to speak: Ashley Steffen, representing the Michigan Department of Attorney General.