2016 House Bill 5748 / Public Act 427

Revise investment options for children with special needs fund

Introduced in the House

June 9, 2016

Introduced by Rep. David Maturen (R-63)

To expand the investment options allowed for money in a state "children with special needs fund," which is a means-tested program that buys equipment needed by children with disabilities.

Referred to the Committee on Financial Services

Sept. 21, 2016

Reported without amendment

With the recommendation that the substitute (H-2) be adopted and that the bill then pass.

Nov. 29, 2016

Passed in the House 107 to 0 (details)

Received in the Senate

Nov. 30, 2016

Referred to the Committee on Finance

Dec. 7, 2016

Reported without amendment

With the recommendation that the bill pass.

Dec. 14, 2016

Passed in the Senate 36 to 1 (details)

To expand the investment options allowed for money in a state "children with special needs fund," which is a means-tested program that buys equipment needed by children with disabilities.

Signed by Gov. Rick Snyder

Dec. 31, 2016