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SB 300: Require investment fiduciary duty include solely pecuniary interest (as opposed to DEI, ESG, etc.)
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Introduced May 13, 2025
Official text and analysis
Retirement: defined benefit; duties of investment fiduciary; modify. Amends sec. 13 of 1965 PA 314 (MCL 38.1133).

Sponsor: Jim Runestad
Cosponsors: John Damoose, Michael Webber, Joe Bellino, Kevin Daley, Aric Nesbitt, Jon Bumstead, Rick Outman, Roger Victory, Ruth Johnson, Michele Hoitenga
Referred to Senate Finance, Insurance, and Consumer Protection Committee




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