2012 Senate Bill 1324 / Public Act 572

Revise transit agency insurance detail

Introduced in the Senate

Sept. 25, 2012

Introduced by Sen. Joe Hune (R-22)

To revise the law allowing municipal self-insurance pools to reflect a transfer of regulatory oversight over transit agencies that “self-insure” (rather than buying coverage from an insurance company) from the Secretary of State to the insurance commissioner.

Referred to the Committee on Insurance

Nov. 29, 2012

Reported without amendment

With the recommendation that the bill pass.

Passed in the Senate 37 to 1 (details)

Received in the House

Nov. 29, 2012

Referred to the Committee on Insurance

Dec. 6, 2012

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Dec. 13, 2012

Passed in the House 107 to 0 (details)

To revise the law allowing municipal self-insurance pools to reflect a transfer of regulatory oversight over transit agencies that “self-insure” (rather than buying coverage from an insurance company) from the Secretary of State to the insurance commissioner.

Signed by Gov. Rick Snyder

Dec. 31, 2012