Michigan 2025-2026 Regular Session Status: Passed Senate 1 D cosponsors

SB 807 — Retirement: other; retirement program for certain nonpublic employees to participate in a benefit plan; create, and provide oversight. Creates new act. TIE BAR WITH: SB 0808'26

Last action — referred to Committee on Economic Competitiveness

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill has passed the Senate. Introduced June 17, 2026. It now moves to the second chamber.

Next likely step: consideration and a floor vote in the House.

Odds of enactment

Moderate chance

Based on the sponsor, cosponsors, and committee posture, this bill has a moderate chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 48% · moderate confidence

  • Passed Senate

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

The bill creates a retirement program for certain nonpublic employees.

This legislation establishes a new retirement program specifically for nonpublic employees, providing a framework for participation in a benefit plan. It also includes provisions for oversight of the program.

What this means for you
  • Workers: This means nonpublic employees may have access to a new retirement benefit plan to help secure their financial future.

Summary

Retirement: other; retirement program for certain nonpublic employees to participate in a benefit plan; create, and provide oversight. Creates new act. TIE BAR WITH: SB 0808'26

Bill Text

What changed in the latest version

19 added · 18 removed

Plain-language change summary

The latest version of Bill SB 807 includes several new lines of text while removing nearly as many from the previous version. These changes likely clarify specific provisions or update the language to better reflect the bill's intent. Such adjustments are important because they can impact how the bill is interpreted and implemented, ensuring that it aligns more closely with the needs it aims to address. Overall, these modifications help lawmakers create more effective and precise legislation.

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SENATE BILL NO.
SB-807, As Passed Senate, June 17, 2026 SENATE BILL NO.
DAW S00661'25_SB0807_INTR_1 1fnr7t THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
DAW S00661'25_SB807_APS_1 w8o0xz THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
(h) "IRA" means an individual retirement account under section DAW S00661'25_SB0807_INTR_1 1fnr7t 1 408 of the internal revenue code, 26 USC 408, or a Roth IRA under section 408A of the internal revenue code, 26 USC 408A.
(h) "IRA" means an individual retirement account under section DAW S00661'25_SB807_APS_1 w8o0xz 1 408 of the internal revenue code, 26 USC 408, or a Roth IRA under section 408A of the internal revenue code, 26 USC 408A.
The fund must be operated in a manner determined by the board so that the accounts of enrollees established under the program meet the requirements for IRAs under the internal revenue DAW S00661'25_SB0807_INTR_1 1fnr7t 1 code.
The fund must be operated in a manner determined by the board so that the accounts of enrollees established under the program meet the requirements for IRAs under the internal revenue DAW S00661'25_SB807_APS_1 w8o0xz 1 code.
DAW S00661'25_SB0807_INTR_1 1fnr7t 1 (a) For the exclusive purposes of providing benefits to enrollees and defraying reasonable expenses of administering the program.
DAW S00661'25_SB807_APS_1 w8o0xz 1 (a) For the exclusive purposes of providing benefits to enrollees and defraying reasonable expenses of administering the program.
DAW S00661'25_SB0807_INTR_1 1fnr7t 1 (c) Contract as necessary for the administration of the program and fund, including, but not limited to, retaining and contracting with investment managers, private financial institutions, other financial and service providers, consultants, actuaries, counsel, auditors, third-party administrators, and other professionals.
DAW S00661'25_SB807_APS_1 w8o0xz 1 (c) Contract as necessary for the administration of the program and fund, including, but not limited to, retaining and contracting with investment managers, private financial institutions, other financial and service providers, consultants, actuaries, counsel, auditors, third-party administrators, and other professionals.
(i) Accept any grants, appropriations, or other money from this state, any unit of federal, state, or local government, or any other person, firm, partnership, or corporation solely for deposit DAW S00661'25_SB0807_INTR_1 1fnr7t 1 into the fund, whether for investment or administrative purposes.
(i) Accept any grants, appropriations, or other money from this state, any unit of federal, state, or local government, or any other person, firm, partnership, or corporation solely for deposit DAW S00661'25_SB807_APS_1 w8o0xz 1 into the fund, whether for investment or administrative purposes.
(q) Deposit into the secure retirement administrative fund all grants, gifts, donations, fees, and earnings from investments from DAW S00661'25_SB0807_INTR_1 1fnr7t 1 the fund that are used to recover administrative costs.
(q) Deposit into the secure retirement administrative fund all grants, gifts, donations, fees, and earnings from investments from DAW S00661'25_SB807_APS_1 w8o0xz 1 the fund that are used to recover administrative costs.
(2) The investment manager or managers shall provide the reports the board considers necessary for the board to oversee each DAW S00661'25_SB0807_INTR_1 1fnr7t 1 investment manager's performance and the performance of the fund.
(2) The investment manager or managers shall provide the reports the board considers necessary for the board to oversee each DAW S00661'25_SB807_APS_1 w8o0xz 1 investment manager's performance and the performance of the fund.
DAW S00661'25_SB0807_INTR_1 1fnr7t 1 (c) How to opt out of the program.
DAW S00661'25_SB807_APS_1 w8o0xz 1 (c) How to opt out of the program.
DAW S00661'25_SB0807_INTR_1 1fnr7t 1 The level may be expressed as a percentage of wages or as a dollar amount up to the deductible amount for the enrollee's taxable year under section 408A(c) of the internal revenue code, 26 USC 408A.
DAW S00661'25_SB807_APS_1 w8o0xz 1 The level may be expressed as a percentage of wages or as a dollar amount up to the deductible amount for the enrollee's taxable year under section 408A(c) of the internal revenue code, 26 USC 408A.
The website must be available to the public before the board opens DAW S00661'25_SB0807_INTR_1 1fnr7t 1 the program for enrollment, and the website address must be included on any website posting or other materials regarding the program offered to the public by the board.
The website must be available to the public before the board opens DAW S00661'25_SB807_APS_1 w8o0xz 1 the program for enrollment, and the website address must be included on any website posting or other materials regarding the program offered to the public by the board.
(2) If a participating employer or its agent willfully fails to remit any portion of an employee contribution in the time period specified in this subsection, the employer and all agents DAW S00661'25_SB0807_INTR_1 1fnr7t 1 responsible for the nonremission are guilty of a misdemeanor punishable by a fine of not more than $5,000.00.
(2) If a participating employer or its agent willfully fails to remit any portion of an employee contribution in the time period specified in this subsection, the employer and all agents DAW S00661'25_SB807_APS_1 w8o0xz 1 responsible for the nonremission are guilty of a misdemeanor punishable by a fine of not more than $5,000.00.
the percentage DAW S00661'25_SB0807_INTR_1 1fnr7t 1 and amounts of investment options and rates of return;
the percentage DAW S00661'25_SB807_APS_1 w8o0xz 1 and amounts of investment options and rates of return;
(3) Not later than 30 days after receiving an order from the board to pay a fine under this section, an employer may request a DAW S00661'25_SB0807_INTR_1 1fnr7t 1 hearing to review the order by filing a written request with the board.
(3) Not later than 30 days after receiving an order from the board to pay a fine under this section, an employer may request a DAW S00661'25_SB807_APS_1 w8o0xz 1 hearing to review the order by filing a written request with the board.
(5) Civil fines collected under this act and fees collected under subsection (6) must be deposited into the secure retirement DAW S00661'25_SB0807_INTR_1 1fnr7t 1 administrative fund.
(5) Civil fines collected under this act and fees collected under subsection (6) must be deposited into the secure retirement DAW S00661'25_SB807_APS_1 w8o0xz 1 administrative fund.
This subsection does not prohibit the board or treasurer or any authorized delegate from publishing or DAW S00661'25_SB0807_INTR_1 1fnr7t 1 making available to the public reasonable statistics concerning the operation of this act in which the contents of returns are grouped into aggregates in a way that the specific information of any employer is not disclosed.
This subsection does not prohibit the board or treasurer or any authorized delegate from publishing or DAW S00661'25_SB807_APS_1 w8o0xz 1 making available to the public reasonable statistics concerning the operation of this act in which the contents of returns are grouped into aggregates in a way that the specific information of any employer is not disclosed.
The department, on behalf of the board, may, for any purpose consistent with the DAW S00661'25_SB0807_INTR_1 1fnr7t board's fiduciary duty to participants, enter into agreements with other states that offer auto-IRA retirement programs.
The department, on behalf of the board, may, for any purpose consistent with the DAW S00661'25_SB807_APS_1 w8o0xz board's fiduciary duty to participants, enter into agreements with other states that offer auto-IRA retirement programs.
Final Page DAW S00661'25_SB0807_INTR_1 1fnr7t
Final Page DAW S00661'25_SB807_APS_1 w8o0xz
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Action History

  1. referred to Committee on Economic Competitiveness

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 146 not signed on · 18 voted No

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (146)

146 members have not signed on to this bill.

Show all 146 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

PASSED ROLL CALL # 130 YEAS 20 NAYS 18 EXCUSED 0 NOT VOTING 0

Passed 20 Yea · 18 Nay
Party YeaNayPresentNot Voting
Democrat 20000
Republican 01800
Total 201800
% of votes cast 53%47%0%0%
How each member voted (38)
Member Party Vote
Chedrick Greene Democrat Yea
Darrin Camilleri Democrat Yea
Dayna Polehanki Democrat Yea
Erika Geiss Democrat Yea
Jeff Irwin Democrat Yea
Jeremy Moss Democrat Yea
John Cherry Democrat Yea
Kevin Hertel Democrat Yea
Mallory McMorrow Democrat Yea
Mary Cavanagh Democrat Yea
Paul Wojno Democrat Yea
Rosemary Bayer Democrat Yea
Sam Singh Democrat Yea
Sarah Anthony Democrat Yea
Sean McCann Democrat Yea
Stephanie Chang Democrat Yea
Sue Shink Democrat Yea
Sylvia Santana Democrat Yea
Veronica Klinefelt Democrat Yea
Winnie Brinks Democrat Yea
Aric Nesbitt Republican Nay
Dan Lauwers Republican Nay
Edward McBroom Republican Nay
Jim Runestad Republican Nay
John Damoose Republican Nay
Jon Bumstead Republican Nay
Jonathan Lindsey Republican Nay
Joseph Bellino Jr. Republican Nay
Kevin Daley Republican Nay
Lana Theis Republican Nay
Mark Huizenga Republican Nay
Michael Webber Republican Nay
Michele Hoitenga Republican Nay
Rick Outman Republican Nay
Roger Hauck Republican Nay
Roger Victory Republican Nay
Ruth Johnson Republican Nay
Thomas Albert Republican Nay

Official roll call →

Subjects

finance labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 807 do?
Retirement: other; retirement program for certain nonpublic employees to participate in a benefit plan; create, and provide oversight. Creates new act. TIE BAR WITH: SB 0808'26
Who sponsors SB 807?
SB 807 is sponsored by John Cherry (Democrat).
What is the current status of SB 807?
This bill has passed the Senate. Introduced June 17, 2026. It now moves to the second chamber.
Where can I track SB 807?
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