2001 Senate Bill 494 / Public Act 183

Introduced in the Senate

May 17, 2001

Introduced by Sen. Willis Bullard (R-15)

To repeal the Public Act which governs surety companies. Currently, surety companies are more rigorously regulated under the Insurance Code, so the Act which the bill repeals is no longer needed.

Referred to the Committee on Financial Services

May 30, 2001

Passed in the Senate 34 to 0 (details)

Received in the House

May 30, 2001

Oct. 29, 2001

Substitute offered

To recommend modifications to language contained in the bill resulting from committee testimony and deliberation.

The substitute passed by voice vote

Oct. 30, 2001

Passed in the House 108 to 0 (details)

Received in the Senate

Oct. 30, 2001

To repeal the Public Act which governs surety companies. Currently, surety companies are more rigorously regulated under the Insurance Code, so the Act which the bill repeals is no longer needed.

Dec. 5, 2001

Passed in the Senate 35 to 0 (details)

Received in the House

Dec. 5, 2001

Signed by Gov. John Engler

Dec. 20, 2001