Michigan · 2025-2026 Regular Session · Bill

SB 977: Insurance: reinsurance; innovative waiver for a reinsurance program; provide for. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3406nn. TIE BAR WITH: SB 0973'26

Passed one chamber Last action June 18, 2026: referred to Committee on Insurance

Plain-language summary

SB 977 is a bill introduced in the Michigan Senate on May 14, 2026. According to its official title, it concerns: Insurance: reinsurance; innovative waiver for a reinsurance program; provide for. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding sec. 3406nn. TIE BAR WITH: SB 0973'26. Primary sponsor: Darrin Camilleri (Democratic). It lists 9 additional sponsors. Most recent recorded action (June 18, 2026): referred to Committee on Insurance.

Sponsors

Primary sponsor: Darrin Camilleri (Democratic). 9 co-sponsors.