2023 House Bill 5387

Businesses: business corporations; benefit corporations; create.

A bill to amend 1972 PA 284, entitled “Business corporation act,” (MCL 450.1101 to 450.2098) by adding chapter 9A.

Introduced in the House

Nov. 14, 2023

Introduced by Rep. Kelly Breen (D-21) and 13 co-sponsors

Co-sponsored by Reps. Matt Koleszar (D-22), Samantha Steckloff (D-19), Julie Rogers (D-41), Jason Hoskins (D-18), Kara Hope (D-74), Rachel Hood (D-81), Jim Haadsma (D-44), Tyrone Carter (D-1), Penelope Tsernoglou (D-75), Joey Andrews (D-38), Denise Mentzer (D-61), Doug Wozniak (R-59) and Phil Skaggs (D-80)

Referred to the Committee on Judiciary

Feb. 14, 2024

Reported with substitute H-1

Feb. 28, 2024

Substitute H-1 concurred in by voice vote