2023 Senate Bill 388

Financial institutions: credit unions; designation of inactive account; allow under certain conditions.

A bill to amend 2003 PA 215, entitled “Credit union act,” by amending section 355 (MCL 490.355), as amended by 2016 PA 152.

Introduced in the Senate

June 14, 2023

Introduced by Sen. Veronica Klinefelt (D-11) and eight co-sponsors

Co-sponsored by Sens. Dayna Polehanki (D-5), Paul Wojno (D-10), Rosemary Bayer (D-13), Stephanie Chang (D-3), Sue Shink (D-14), Erika Geiss (D-1), Sean McCann (D-19) and John Cherry (D-27)

Referred to the Committee on Veterans and Emergency Services

Oct. 4, 2023

Reported without amendment

Oct. 5, 2023

Referred to the Committee of the Whole

Oct. 17, 2023

Reported without amendment

Oct. 18, 2023

Passed in the Senate 38 to 0 (details)

Received in the House

Oct. 18, 2023

Referred to the Committee on Insurance and Financial Services

Jan. 18, 2024

Reported without amendment

Referred to the Committee on Military, Veterans and Homeland Security

Feb. 6, 2024

Reported without amendment

Feb. 13, 2024

Failed in the House 52 to 49 (details)