2016 Senate Bill 984 / Public Act 554

Update “fraudulent transactions” law

Introduced in the Senate

May 24, 2016

Introduced by Sen. Tonya Schuitmaker (R-26)

To revise references in the state nonprofit corporation act to reflect changes proposed by Senate Bill 982 to the law governing fraudulent property transfers intended to shield assets from valid claims.

Referred to the Committee on Judiciary

Sept. 8, 2016

Reported without amendment

With the recommendation that the bill pass.

Oct. 20, 2016

Passed in the Senate 37 to 0 (details)

Received in the House

Nov. 9, 2016

Referred to the Committee on Judiciary

Dec. 6, 2016

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Dec. 14, 2016

Amendment offered by Rep. Klint Kesto (R-39)

To replace the previous version of the bill with one that revises details but does not change the substance as previously described.

The amendment passed by voice vote

Dec. 15, 2016

Passed in the House 107 to 1 (details)

To revise references in the state nonprofit corporation act to reflect changes proposed by Senate Bill 982 to the law governing fraudulent property transfers intended to shield assets from valid claims.

Received in the Senate

Dec. 15, 2016

Passed in the Senate 37 to 0 (details)

To concur with the House-passed version of the bill.

Signed by Gov. Rick Snyder

Dec. 31, 2016