Bill
HB 5237
Retirement: investments; investments in environmental, social, and governance funds; prohibit. Amends sec. 13 of 1965 PA 314 (MCL 38.1133).
2025-2026 Regular Session
Introduced by Joe Aragona and 13 co-sponsors
HB 5237 would require public retirement fiduciaries to consider only pecuniary factors in investments, prohibiting nonfinancial ESG objectives.
bill electronically reproduced 11/06/2025