Michigan · 2025-2026 Regular Session · Bill

SB 783: Economic development: other; eligibility for stock buybacks during the period of award if awarded an economic incentive; prohibit. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding sec. 7c.

In committee Last action May 27, 2026: REFERRED TO COMMITTEE OF THE WHOLE

Plain-language summary

SB 783 is a bill introduced in the Michigan Senate on February 11, 2026. According to its official title, it concerns: Economic development: other; eligibility for stock buybacks during the period of award if awarded an economic incentive; prohibit. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding sec. 7c. Primary sponsor: Mallory McMorrow (Democratic). It lists 1 additional sponsor. Most recent recorded action (May 27, 2026): REFERRED TO COMMITTEE OF THE WHOLE.

Sponsors

Primary sponsor: Mallory McMorrow (Democratic). 1 co-sponsor.