MI SB0996

Establishes the "Wildlife Depredations Indemnification Act" to provide compensation for livestock killed, injured, or lost due to wolves, coyotes, and cougars.

Requires livestock owners to report incidents within 24 hours, file claims with documentation, and allow property access for investigations to be eligible for indemnification.

Reimburses owners 100% of fair market value up to $4,000 per animal, with payment required within 45 days or claimant receives double the original claim amount.

Limits indemnification to $100,000 per incident from department budget; amounts exceeding this cap require separate legislative appropriation.

Denies indemnification for livestock imported without proper health documentation, illegally moved animals, or animals knowingly exposed to disease, and constitutes full release of claims against the state upon acceptance of payment.