Appropriations: department of insurance and financial services; appropriations for fiscal year 2026-2027; provide for. Creates appropriation act.
Key claim: This Senate bill would set the budget for Michigan’s Department of Insurance and Financial Services for fiscal year 2026-2027.
Abstract
(SB0872 · 103rd Legislature) Appropriations: department of insurance and financial services; appropriations for fiscal year 2026-2027; provide for. Creates appropriation act. Sponsor: Sen. Mary Cavanagh (D) In committee: S Appropriations Latest vote: Reported Favorably With Substitute S-1 4/16/2026 — 11-5 (passed, 2026-04-21) Latest action (2026-09-10): Referred To Committee On Appropriations
Why this matters
DIFS regulates Michigan’s insurance markets, health insurers, and financial services that touch consumer coverage and premium disputes. Its annual appropriation determines the agency’s capacity to review rates, license producers, and enforce consumer protections that intersect with many health-benefit topics in this area.