Docket Room
SB 872·MI·senate

Appropriations: department of insurance and financial services; appropriations for fiscal year 2026-2027; provide for. Creates appropriation act.

Reported by CommitteeFiled Mar 18, 2026
Sponsor: Mary Cavanagh (D)
Latest Action

REASSIGNED TO COMMITTEE ON APPROPRIATIONS

Sep 10, 2026

Summary

The bill provides $82,583,800 in line‑item appropriations for the Department of Insurance and Financial Services for the fiscal year ending September 30, 2027. Funding comes mainly from state‑restricted revenues and specific fee sources, and the department must post spending reports online and send them to legislative committees. It also requires the department to give purchasing preference to Michigan‑made and veteran‑owned businesses when possible.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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