Businesses: charitable organizations; rebuttable presumption of imprudence for certain expenditures from an endowment fund; provide for. Amends sec. 4 of 2009 PA 87 (MCL 451.924).

{"id": "ocd-bill/8a688521-80e5-480a-beff-3bcd3968caa5", "session": "2025-2026", "jurisdiction": {"id": "ocd-jurisdiction/country:us/state:mi/government", "name": "Michigan", "classification": "state"}, "from_organization": {"id": "ocd-organization/d387cf69-631c-4013-bb32-4a00c848fcc4", "name": "House", "classification": "lower"}, "identifier": "HB 6207", "title": "Businesses: charitable organizations; rebuttable presumption of imprudence for certain expenditures from an endowment fund; provide for. Amends sec. 4 of 2009 PA 87 (MCL 451.924).", "classification": ["bill"], "subject": ["Businesses: charitable organizations", "Businesses: nonprofit corporations"], "extras": {}, "created_at": "2026-07-04T01:29:19.346008+00:00", "updated_at": "2026-07-07T09:34:27.246613+00:00", "openstates_url": "https://openstates.org/mi/bills/2025-2026/HB6207/", "first_action_date": "2026-07-03", "latest_action_date": "2026-07-14", "latest_action_description": "bill electronically reproduced 07/03/2026", "latest_passage_date": ""}