2022 Senate Bill 1085 / Public Act 278

Revise state insurance law detail

Introduced in the Senate

June 16, 2022

Introduced by Sen. Kim LaSata (R-21)

To amend the law authorizing the regulation of insurance and the insurance industry so as to revise the time limits for including an “actuarial opinion regarding reserves included in audited financial statements" filed by an insurance "multiple employer welfare arrangement".

Referred to the Committee on Health Policy and Human Services

Sept. 21, 2022

Reported without amendment

With the recommendation that the bill pass.

Sept. 28, 2022

Passed in the Senate 36 to 0 (details)

To amend the law authoring the regulation of insurance and the insurance industry so as to revise the time limits for including an “actuarial opinion regarding reserves included in audited financial statements filed by an insurance "multiple employer welfare arrangement".

Received in the House

Sept. 28, 2022

Referred to the Committee on Rules and Competitveness

Dec. 8, 2022

Passed in the House 90 to 7 (details)

Signed by Gov. Gretchen Whitmer

Dec. 29, 2022