2023 House Bill 4418 / 2024 Public Act 3

Probate: other; uniform transfers to minors act; modify amount of transfer allowed.

An act to amend 1998 PA 433, entitled “An act to regulate certain transfers of property to minors; to make uniform the law regulating certain transfers to property to minors; and to repeal acts and parts of acts,” by amending sections 10 and 11 (MCL 554.530 and 554.531).

House Fiscal Agency Analysis

House Bills 4417 and 4419 would amend the Michigan Vehicle Code and the Natural Resources and Environmental Protection Act, respectively, to increase the total value of vehicles or watercraft for which a surviving spouse or an heir may apply to transfer title, if otherwise appropriate, and to require the new amount to be adjusted annually for inflation. House Bill 4418 would amend the Michigan Uniform Transfers to Minors Act to increase the total value of property that may be transferred to a minor, or to a person nominated as a custodian for the minor, that would not have to be authorized by a court.

Introduced in the House

April 13, 2023

Introduced by Rep. Kelly Breen (D-21) and four co-sponsors

Co-sponsored by Reps. Graham Filler (R-93), Veronica Paiz (D-11), Natalie Price (D-5) and Helena Scott (D-7)

Referred to the Committee on Judiciary

June 7, 2023

Reported without amendment

Oct. 25, 2023

Passed in the House 109 to 0 (details)

Motion to give immediate effect by Rep. Abraham Aiyash (D-9)

The motion prevailed by voice vote

Received in the Senate

Oct. 31, 2023

Referred to the Committee on Civil Rights, Judiciary, and Public Safety

Feb. 1, 2024

Reported without amendment

Feb. 6, 2024

Referred to the Committee of the Whole

Reported without amendment

Feb. 7, 2024

Passed in the Senate 38 to 0 (details)

Motion to give immediate effect by Sen. Sam Singh (D-28)

The motion prevailed by voice vote

Signed by Gov. Gretchen Whitmer

Feb. 21, 2024