2026 House Bill 6207

Businesses: charitable organizations; rebuttable presumption of imprudence for certain expenditures from an endowment fund; provide for.

A bill to amend 2009 PA 87, entitled "Uniform prudent management of institutional funds act," by amending section 4 (MCL 451.924).

Introduced in the House

Introduced by Rep. Nancy Jenkins-Arno (R-34) and three co-sponsors

Referred to the Committee on Finance