2015 House Bill 4887 / 2016 Public Act 51

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Introduced in the House

Sept. 22, 2015

Introduced by Rep. Anthony Forlini (R-24)

To remove restrictions on the owner of a Michigan education savings account (who may or may not be the beneficiary) changing the investment strategy of an account.

Referred to the Committee on Tax Policy

Nov. 4, 2015

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Dec. 2, 2015

Passed in the House 106 to 0 (details)

Received in the Senate

Dec. 3, 2015

Referred to the Committee on Finance

Feb. 18, 2016

Reported without amendment

With the recommendation that the bill pass.

March 9, 2016

Passed in the Senate 37 to 0 (details)

To remove restrictions on the owner of a Michigan education savings account (who may or may not be the beneficiary) changing the investment strategy of an account.

Signed by Gov. Rick Snyder

March 22, 2016