SB 178 — Appropriations: department of insurance and financial services; appropriations for fiscal year 2025-2026; provide for. Creates appropriation act.

SB-178, As Passed Senate, May 13, 2025 SUBSTITUTE FOR SENATE BILL NO.

APPROPRIATION SUMMARY Full-time equated unclassified positions 6.0 Full-time equated classified positions 401.0 DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc GROSS APPROPRIATION $ 78,051,600 Interdepartmental grant revenues:

Bank fees 864,600 DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc Captive insurance regulatory and supervision fund 69,600 Consumer finance fees 560,400 Credit union fees 1,309,000 Deferred presentment service transaction fees 240,500 Insurance bureau fund 4,744,400 Insurance continuing education fees 46,500 Insurance licensing and regulation fees 1,838,300 MBLSLA fund 1,172,700 State general fund/general purpose $ 0 Sec.

Bank fees 6,564,600 Captive insurance regulatory and supervision fund 644,600 Consumer finance fees 2,415,800 Credit union fees 8,456,700 DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc Deferred presentment service transaction fees 2,360,200 Insurance bureau fund 27,344,700 Insurance continuing education fees 548,300 Insurance licensing and regulation fees 8,266,400 MBLSLA fund 5,942,500 Multiple employer welfare arrangement 35,400 State general fund/general purpose $ 0 Sec.

DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc State general fund/general purpose $ 0 PART 2 PROVISIONS CONCERNING APPROPRIATIONS FOR FISCAL YEAR 2025-2026 GENERAL SECTIONS Sec.

This requirement DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc includes transmitting reports to the standard report recipients and any other required recipients by email and posting the reports on an internet site.

The report must list all travel by classified and unclassified employees outside this state in the previous fiscal year that was DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc funded in whole or in part with funds appropriated in the department's budget.

Amounts appropriated under this subsection are not available for expenditure until they have been transferred to another line item in part 1 under section 393(2) of DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc the management and budget act, 1984 PA 431, MCL 18.1393.

To the extent permissible under the management and DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc budget act, 1984 PA 431, MCL 18.1101 to 18.1594, the director of each department or agency receiving appropriations in part 1 shall take all reasonable steps to ensure geographically-disadvantaged business enterprises compete for and perform contracts to provide services or supplies, or both.

The department shall submit the report to the DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc standard report recipients, the senate and house appropriations committees, and the joint committee on administrative rules.

(b) A description of the cause for the reduction, if any such DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc cause is known.

(c) Affect regulations that currently protect the public to the extent that the regulations affect an industry, community, population, or other group regulated or served by, or that DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc otherwise engages with, the department.

(v) Another entity that can demonstrate, through state or DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc federal tax filings or other state or federal government records, that it has been in existence for at least the 12 months preceding the effective date of this act.

The department may deduct DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc the cost of background checks and any other efforts performed as part of this verification from the amount of the designated grant award.

(a) Not later than the effective date of this act, the state budget office shall provide an initial list of grants that require legislative sponsorship to the legislature and shall make public an DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc initial list of grants that likely will be sponsored by the department or by the state budget office.

(ii) Decline to execute the grant agreement and lapse the DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc associated funds at the end of the fiscal year.

(f) The signed legislative sponsorship letter required under subsection (4), incorporated into the grant agreement and included DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc as an appendix or attachment.

If at that DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc time any unexpended funds remain, the grant recipient shall return those funds to the state treasury.

(13) As applicable, the legislative sponsor of a grant DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc described in subsection (1) shall not sponsor a grant, or ask another legislator to sponsor a grant, if there is a conflict of interest related to the grant recipient.

The annual health insurance rate change report DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc prepared pursuant to 45 CFR 154.301(b) must include the total number of objections issued by the department for health insurance filings in the report.

DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc Sec.

DAW S01526'25 (S-3)(S-3)_SB178_APS_1 5j7vgsmjbthc (a) The number of automobile insurance consumers assisted.

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