Michigan · 2025-2026 Regular Session · Bill

SB 300: Retirement: defined benefit; duties of investment fiduciary; modify. Amends sec. 13 of 1965 PA 314 (MCL 38.1133).

In committee Last action May 13, 2025: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Plain-language summary

SB 300 is a bill introduced in the Michigan Senate on May 13, 2025. According to its official title, it concerns: Retirement: defined benefit; duties of investment fiduciary; modify. Amends sec. 13 of 1965 PA 314 (MCL 38.1133). Primary sponsor: Jim Runestad (Republican). It lists 10 additional sponsors. Most recent recorded action (May 13, 2025): REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION.

Sponsors

Primary sponsor: Jim Runestad (Republican). 10 co-sponsors.