2021-2022 Regular SessionMichigan Legislature

SB0700

Legislative Summary

Retirement: state employees; method to calculate unfunded actuarial liability; revise. Amends secs. 7, 20g, 38, 49 & 68b of 1943 PA 240 (MCL 38.7 et seq.).

Demographic Impact

Overall analysis of equity impact

Neutral
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

10/21/2021
Introduced By Senator Jim Stamas
Senate
10/21/2021
Referred To Committee On Appropriations
Senate
11/4/2021
Reported Favorably Without Amendment
Senate
11/4/2021
Committee Recommended Immediate Effect
Senate
11/4/2021
Referred To Committee Of The Whole
Senate
11/9/2021
Reported By Committee Of The Whole Favorably Without Amendment(s)
Senate
11/9/2021
Placed On Order Of Third Reading
Senate
11/10/2021
Passed Roll Call # 445 Yeas 35 Nays 0 Excused 1 Not Voting 0
Senate
11/10/2021
Received On 11/10/2021
House of Representatives
11/10/2021
Read A First Time
House of Representatives
11/10/2021
Referred To Committee On Appropriations
House of Representatives

Roll Call Votes

Senate Third Reading: Passed Roll Call # 445
11/10/2021
35
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
Reported Favorably Without Amendment
11/4/2021
16
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Engrossed(11/10/2021)
Chamber
House of Representatives
Committee
Appropriations(House of Representatives)

Sponsors

Republican: 1

Primary Sponsor

Jim Stamas
Jim Stamas
Republican

Documents

Introduced
Bill Text10/21/202169.4 KB
Engrossed
Bill Text10/21/202169.4 KB
Fiscal Note/Analysis
Fiscal Note/Analysis11/30/2021111.8 KB
Fiscal Note/Analysis
Fiscal Note/Analysis11/4/2021106.4 KB
Fiscal Note/Analysis
Fiscal Note/Analysis11/1/2021112.9 KB