Maddy summaryThis bill updates the rules for Michigan early stage venture investment corporations, which are organizations that invest money to help small businesses grow. It requires these corporations to include specific language in their official documents stating they must return profits to the state and outlines exactly how much money must be sent to state funds based on when the corporation ends or when its special investment fund expires. Specifically, the law mandates that if these corporations have earned returns by June 30, 2024, they must send $60 million to a state jobs trust fund, while any remaining profits go to the general state fund. For years after 2024, all earned returns must be sent to the general fund, and upon the corporation's final dissolution, the first $140 million of remaining assets must go to the general fund before any leftover money is directed to the jobs trust. The bill also includes a condition that it will only become active if two other related bills are passed into law.
Sponsored bills
Maddy summaryThis bill creates a new Public Safety and Violence Prevention Fund in Michigan to manage money from specific sources, including sales tax revenues and donations. The fund will distribute money to cities, villages, and townships to support public safety initiatives, with a portion of the funds going to a grant program for community violence intervention and another part to a crime victim's rights fund. A key provision ties future funding to crime reduction goals, where local governments that fail to meet specific violent crime decrease targets will see their distributions reduced. The state treasurer is responsible for managing the fund and ensuring that unspent money at the end of each fiscal year remains available for future distribution rather than being returned to the general fund.
Maddy summaryThis bill establishes a new scholarship program in Michigan to help individuals who face financial hardship become doulas, providing continuous support to mothers before, during, and after childbirth. To qualify, applicants must demonstrate financial need, prove Michigan residency, and commit to serving as a doula in a health professional shortage area or with a medically underserved population. The program awards up to $3,000 per person to cover training costs such as books and workshop fees, with funds drawn from a dedicated state treasury account. Recipients must use the money to complete approved doula training and provide proof of their work or training progress within six months, or they must repay the award.
Maddy summaryThis bill expands the duties of the Michigan Indigent Defense Commission to include providing legal representation for youth in juvenile court cases, in addition to its existing role for adults. By amending the state's indigent defense act, the legislation ensures that young people facing delinquency charges receive effective legal counsel starting from their initial court appearance. The commission will be responsible for setting minimum standards for how local courts deliver these services to both adults and youth, while also managing funding adjustments based on economic indicators. Ultimately, the bill aims to standardize the quality of legal defense available to financially unable defendants across the state's juvenile justice system.
Maddy summaryThis bill creates a new Rare Disease Advisory Council within the Michigan Department of Health and Human Services to advise the state on research, diagnosis, and treatment for rare diseases. The council will be composed of a diverse group of members, including medical professionals, patient advocates, industry representatives, and individuals with rare diseases, who will serve four-year terms. Once established, the council is authorized to hold public hearings, consult with experts, and apply for grants to develop recommendations for improving care and support for those affected by conditions that impact fewer than 200,000 people in the United States.
Maddy summaryThis bill modifies Michigan's insurance code to clarify the rules for sponsored captive insurance companies. It allows a wider range of business entities, including associations and trusts, to participate in these companies without needing to be shareholders or affiliates. The legislation also permits sponsors to participate in their own sponsored captives and requires that participants generally insure only their own risks or those of their affiliates, unless approved by the state insurance director. These changes aim to provide clearer guidelines on who can join such insurance structures and what risks they can cover.
Maddy summaryThis bill updates Michigan's public health code to clarify definitions and reporting requirements related to elevated blood lead levels in children. It establishes specific thresholds for what constitutes an elevated level, requiring that a child's blood lead concentration meet or exceed 3.5 micrograms per deciliter or the current reference value set by the Centers for Disease Control and Prevention. The legislation also creates a new role for certified "EBL investigators" who must study a child's living environment to identify lead sources and provide reports on how to remove those exposures. Additionally, the bill defines terms such as emergency renovation operations and encapsulation to ensure consistency in how lead hazards are managed. The law will only take effect if a separate, related bill is also passed into law.
Maddy summaryThis bill amends Michigan's insurance code to update the requirements for captive insurance companies seeking a limited certificate of authority to operate in the state. It clarifies the specific types of risks these companies can insure based on their category, such as pure or association captives, while explicitly excluding certain coverages like first-dollar workers' compensation and personal automobile insurance. The legislation also outlines the detailed information and documentation that applicants must submit to the commissioner and attorney general, including organizational documents, financial evidence, and biographical affidavits for officers. Additionally, the bill permits organizational documents to include provisions limiting director liability for monetary damages, provided that liability for breaches of loyalty, intentional misconduct, or improper personal benefits remains intact.
Maddy summaryThis bill amends Michigan's Consumer Protection Act to require businesses to clearly disclose automatic renewal terms in consumer contracts. It mandates that any provision allowing a service or subscription to continue without explicit consumer consent must be prominently displayed within the agreement itself. The law directly affects businesses offering recurring services and consumers who sign up for such products, ensuring they are fully informed about how their subscriptions will renew. By adding a new section to the statute, the bill aims to prevent hidden fees and unexpected charges by making these renewal conditions transparent and easy to understand.
Maddy summaryThis bill modifies Michigan's penal code to strengthen protections and procedures for minors involved in human trafficking cases. It establishes a legal presumption that children under 18 are coerced into sex or labor trafficking offenses, shifting the burden to the prosecution to prove otherwise if they wish to avoid this classification. The legislation also mandates that law enforcement immediately report suspected trafficking involving minors to the Department of Health and Human Services, which must then begin an investigation within 24 hours. Additionally, the bill clarifies how prior convictions affect sentencing severity and outlines specific evidence types courts can use to verify a defendant's criminal history. These changes directly impact law enforcement, prosecutors, courts, and the Department of Health and Human Services in handling cases involving child victims of trafficking.