2024 Senate Bill 984 / Public Act 176

Businesses: business corporations; applicability of the business corporation act; modify.

An act to amend 1972 PA 284, entitled “An act to provide for the organization and regulation of corporations; to prescribe their duties, rights, powers, immunities and liabilities; to provide for the authorization of foreign corporations within this state; to prescribe the functions of the administrator of this act; to prescribe penalties for violations of this act; and to repeal certain acts and parts of acts,” by amending section 123 (MCL 450.1123), as amended by 2012 PA 569.

Introduced in the Senate

Aug. 15, 2024

Introduced by Sens. Sam Singh (D-28) and Dan Lauwers (R-25)

Referred to the Committee on Regulatory Affairs

Oct. 23, 2024

Reported without amendment

Oct. 24, 2024

Referred to the Committee of the Whole

Oct. 30, 2024

Reported without amendment

Passed in the Senate 37 to 0 (details)

Received in the House

Nov. 7, 2024

Referred to the Committee on Regulatory Reform

Nov. 12, 2024

Referred to the Committee on Government Operations

Nov. 13, 2024

Reported without amendment

Dec. 4, 2024

Passed in the House 104 to 1 (details)

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

The motion prevailed by voice vote

Received in the Senate

Dec. 10, 2024

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

The motion prevailed by voice vote

Signed by Gov. Gretchen Whitmer

Dec. 23, 2024