2023 House Bill 4331

Insurance: property and casualty; insurance withholding amount for fire-damaged homes; increase, and allow for abandoned funds to be used for repairs.

A bill to amend 1956 PA 218, entitled “The insurance code of 1956,” by amending section 2227 (MCL 500.2227), as amended by 2014 PA 509.

Official record

Introduced in the House

March 23, 2023

Introduced by Rep. Karen Whitsett (D-4) and 15 co-sponsors

Co-sponsored by Reps. Donavan McKinney (D-14), Alabas Farhat (D-3), Natalie Price (D-5), Kimberly Edwards (D-12), Jimmie Wilson (D-32), Penelope Tsernoglou (D-75), Brenda Carter (D-53), Amos O’Neal (D-94), Kara Hope (D-74), John Roth (R-104), Jim Haadsma (D-44), Graham Filler (R-93), Joseph Aragona (R-60), Samantha Steckloff (D-19) and Tullio Liberati (D-2)

Referred to the Committee on Insurance and Financial Services

June 8, 2023

Reported without amendment

Sept. 19, 2023

Amendment offered by Rep. Mike Harris (R-52)

1. Amend page 2, line 11, after “exceed” by striking out “$20,000.00” and inserting “$24,000.00”.

2. Amend page 2, line 12, after “Index” by inserting “or 5%, whichever is less”.

3. Amend page 11, line 9, after “exceed” by striking out “$20,000.00” and inserting “$24,000.00”.

4. Amend page 11, line 10, after “Index” by inserting “or 5%, whichever is less”.

5. Amend page 11, line 23, after “exceed” by striking out “$20,000.00” and inserting “$24,000.00”.

6. Amend page 11, line 24, after “Index” by inserting “or 5%, whichever is less”.

The amendment failed by voice vote

Sept. 26, 2023

Passed in the House 100 to 9 (details)

Motion to give immediate effect by Rep. Jimmie Wilson (D-32)

The motion prevailed by voice vote

Received in the Senate

Sept. 27, 2023

Referred to the Committee on Housing and Human Services

April 16, 2024

Reported with substitute S-1

April 17, 2024

Referred to the Committee of the Whole