2023 House Bill 4704

Insurance: life; gift limit for life insurance producers; modify.

A bill to amend 1956 PA 218, entitled “The insurance code of 1956,” by amending section 2024a (MCL 500.2024a), as added by 1989 PA 68.

Introduced in the House

June 7, 2023

Introduced by Rep. Joseph Aragona (R-60)

Referred to the Committee on Insurance and Financial Services

June 22, 2023

Reported without amendment

Oct. 11, 2023

Passed in the House 88 to 20 (details)

Motion to give immediate effect by Rep. Abraham Aiyash (D-9)

The motion prevailed by voice vote

Received in the Senate

Oct. 17, 2023

Referred to the Committee on Finance, Insurance, and Consumer Protection