Insurance: Property And Casualty; Insurance Withholding Amount For Fire-Damaged Homes; Increase, And Allow For Abandoned Funds To Be Used For Repairs. Amends Sec. 2227 Of 1956 Pa 218 (Mcl 500.2227).

This bill proposes to amend Section 2227 of 1956 PA 218 (MCL 500.2227) related to property and casualty insurance. It aims to increase the insurance withholding amount for fire-damaged homes and allow abandoned funds to be utilized for repairs. The key provisions include raising the withholding amount and enabling the use of abandoned funds for property restoration. This amendment seeks to address issues related to fire damage claims and provide a mechanism for utilizing unclaimed funds to support property repair efforts.

• 2023-03-23: Introduced By Representative Karen Whitsett

• 2023-03-23: Read A First Time

• 2023-03-23: Referred To Committee On Insurance And Financial Services

• 2023-03-23: Bill Electronically Reproduced 03/23/2023

• 2023-06-08: Reported With Recommendation Without Amendment

• 2023-06-08: Referred To Second Reading

• 2023-09-19: Read A Second Time

• 2023-09-19: Placed On Third Reading

• 2023-09-26: Read A Third Time

• 2023-09-26: Passed; Given Immediate Effect Roll Call # 306 Yeas 100 Nays 9 Excused 0 Not Voting 1

• 2023-09-26: Transmitted

• 2023-09-27: Referred To Committee On Housing And Human Services

• 2024-04-17: Reported Favorably With Substitute (s-1)

• 2024-04-17: Referred To Committee Of The Whole With Substitute (s-1)

• 2024-04-30: Reported By Committee Of The Whole Favorably With Substitute (s-1)

• 2024-04-30: Substitute (s-1) Concurred In

• 2024-04-30: Placed On Order Of Third Reading With Substitute (s-1)

• 2024-05-01: Passed Roll Call # 106 Yeas 24 Nays 14 Excused 0 Not Voting 0

• 2024-05-01: Inserted Full Title

• 2024-05-01: Returned From Senate With Substitute (s-1) With Full Title

• 2024-05-01: Laid Over One Day Under The Rules

• 2024-05-07: Senate Requests Return

• 2024-05-07: Senate Requests Return

• 2024-05-07: Request Granted

• 2024-05-07: Retransmitted

• 2024-05-09: Return Granted

• 2024-05-09: Placed On Order Of Third Reading

• 2024-06-12: Given Immediate Effect

• 2024-06-12: Returned From Senate With Substitute (s-1) With Immediate Effect And Full Title

• 2024-06-12: Laid Over One Day Under The Rules

• 2024-06-27: Senate Substitute (s-1) Concurred In

• 2024-06-27: Roll Call Roll Call # 292 Yeas 96 Nays 14 Excused 0 Not Voting 0

• 2024-06-27: Full Title Agreed To

• 2024-06-27: Bill Ordered Enrolled

• 2024-06-27: Presented To The Governor 07/11/2024 01:28 Pm

• 2024-07-30: Approved By The Governor 07/23/2024 09:32 Am

• 2024-07-30: Filed With Secretary Of State 07/23/2024 11:32 Am

• 2024-07-30: Assigned Pa 82'24 With Immediate Effect