2011 Senate Bill 92 / 2012 Public Act 141

Require power of attorney obligations acknowledgement

Introduced in the Senate

Jan. 27, 2011

Introduced by Sen. Steve Bieda (D-9)

To require an individual granted a "durable power of attorney" (who can conduct business transactions and make decisions if the principal becomes disabled or incapacitated) to sign a statement acknowledging the obligation to act in the best interest of the principal, keep the principal informed, not co-mingle funds, only use the principal's property and income for the benefit of the principal, keep good records, engage an advisor, attorney, accountant, etc. as needed, and more.

Referred to the Committee on Judiciary

March 16, 2011

Reported without amendment

With the recommendation that the substitute (S­1) be adopted and that the bill then pass.

April 28, 2011

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance as previously described.

The substitute passed by voice vote

May 3, 2011

Amendment offered by Sen. Steve Bieda (D-9)

To clarify a technical reference in a provision contained in the bill.

The amendment passed by voice vote

Passed in the Senate 38 to 0 (details)

Received in the House

May 3, 2011

Referred to the Committee on Judiciary

Feb. 16, 2012

Reported without amendment

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

April 26, 2012

Substitute offered

The substitute passed by voice vote

Substitute offered by Rep. John Walsh (R-19)

To replace the previous version of the bill with one that revises details but does not change the substance as previously described.

The substitute passed by voice vote

May 1, 2012

Passed in the House 109 to 0 (details)

To require an individual granted a "durable power of attorney" (who can conduct business transactions and make decisions if the principal becomes disabled or incapacitated) to sign a statement acknowledging the obligation to act in the best interest of the principal, keep the principal informed, not co-mingle funds, only use the principal's property and income for the benefit of the principal, keep good records, engage an advisor, attorney, accountant, etc. as needed, and more.

Received in the Senate

May 2, 2012

May 10, 2012

Passed in the Senate 37 to 0 (details)

Signed by Gov. Rick Snyder

May 22, 2012