FARM PRODUCE INSURANCE ACT H.B. 5001:
SUMMARY OF HOUSE-PASSED BILL
IN COMMITTEE
House Bill 5001 (as passed by the House)
Sponsor: Representative Ranjeev Puri
House Committee: Appropriations
Senate Committee: Appropriations
CONTENT
The bill would amend Section 7 of the Farm Produce Insurance Act to specify the per diem compensation for the eight voting members of the Farm Produce Insurance Authority Board. The bill would limit the reimbursement amount established by the board to $75 for per diem compensation and milage reimbursement. Currently, the Act limits the per diem amount to the maximum reimbursement rates for the Michigan Commission of Agriculture and Rural Development, which is $0.
FISCAL IMPACT
The bill would have a minimal fiscal impact, likely no more than $1,500, on the Michigan Department of Agriculture and Rural Development's operations.
Fiscal Analyst: Bruce R. Baker
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.