2006 House Bill 6196 / Public Act 289

Revise insurance company board regulations

Introduced in the House

June 14, 2006

Introduced by Rep. Leslie Mortimer (R-65)

To eliminate certain restrictions on the granting of pensions, insurance or long-term contracts by Michigan-based insurance companies to members of their boards or officers.

Referred to the Committee on Insurance

June 15, 2006

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

June 22, 2006

Substitute offered

The substitute passed by voice vote

Passed in the House 106 to 0 (details)

To eliminate certain restrictions on the granting of pensions, insurance or long-term contracts by Michigan-based insurance companies to members of their boards or officers.

Received in the Senate

June 27, 2006

Referred to the Committee of the Whole

June 28, 2006

Passed in the Senate 37 to 0 (details)

Signed by Gov. Jennifer Granholm

July 14, 2006