SB 783

Economic development: other; eligibility for stock buybacks during the period of award if awarded an economic incentive; prohibit. Amends 1984 PA 270 (MCL 125.2001 - 125.2094) by adding sec. 7c.

In committee Last action May 27, 2026: REFERRED TO COMMITTEE OF THE WHOLE

Official bill page and text: legislature.mi.gov

Sponsors 2

Prime sponsor: Mallory McMorrow
Cosponsors (1): Sue Shink

Status

In committee as of May 27, 2026. The 103rd Legislature serves until the 104th convenes on January 13, 2027.

Referred to: Senate Economic and Community Development (from the official referral record)

Roll-call votes 0

No roll-call votes recorded for this measure.

Timeline 5

Date	Chamber	Action
May 27, 2026	Senate	REFERRED TO COMMITTEE OF THE WHOLE
May 27, 2026	Senate	REPORTED FAVORABLY WITHOUT AMENDMENT May 21, 2026
February 12, 2026	Senate	SENATE CO-SPONSOR(S) NAMED: SUE SHINK
February 11, 2026	Senate	REFERRED TO COMMITTEE ON ECONOMIC AND COMMUNITY DEVELOPMENT
February 11, 2026	Senate	INTRODUCED BY SENATOR MALLORY MCMORROW

Data: Open States (API v3; public data, attribution appreciated). Official record: legislature.mi.gov. Bill pages link to the official text, not copied.

Sources for this page

Bill, action and roll-call data from Open States (public data, attribution appreciated). Neither Michigan Capitol Guide nor this information, as presented here, is endorsed by the Michigan Legislature.