Michigan · 2025-2026 Regular Session · Bill

HB 5382: Insurance: other; special purpose financial captive plan of operation; modify. Amends sec. 4731 of 1956 PA 218 (MCL 500.4731).

Passed one chamber Last action March 10, 2026: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Plain-language summary

HB 5382 is a bill introduced in the Michigan House on December 16, 2025. According to its official title, it concerns: Insurance: other; special purpose financial captive plan of operation; modify. Amends sec. 4731 of 1956 PA 218 (MCL 500.4731). Primary sponsor: Stephanie Young (Democratic). It lists 1 additional sponsor. Most recent recorded action (March 10, 2026): REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION.

Sponsors

Primary sponsor: Stephanie Young (Democratic). 1 co-sponsor.