Employment security: administration; former unemployment insurance agency officials; prohibit from contracting with certain vendors for a period of time. Amends 1936 (Ex Sess) PA 1 (MCL 421.1 - 421.75) by adding sec. 5c.

HB 5449 prohibits former unemployment insurance agency officials from working with or representing vendors they interacted with during their tenure for a minimum of two years after leaving the agency. It specifically applies to roles like directors, deputy directors, procurement officials, contract managers, and IT project managers involved in vendor contracts. The bill also penalizes vendors who violate this rule by banning them from contracting with the agency for five years. This creates a cooling-off period to prevent potential conflicts of interest between former agency staff and vendors.