MI SB1130

Changes the title of the 2011 Public Funded Health Insurance Contribution Act from "limit" to "regulate" a public employer's expenditures for employee medical benefit plans.

Establishes new maximum annual contribution limits for public employers beginning January 1, 2025: $8,258.54 for single-person coverage, $17,271.17 for individual-and-spouse or individual-plus-1-nonspouse-dependent coverage, and $22,523.34 for family coverage.

Requires the state treasurer to adjust maximum payment amounts annually by April 1 based on changes in Michigan health insurance rates (or 3% minimum) for single-person and family coverage, with specific multiplier increases for dual/dependent coverage through 2028.

Allows public employers to allocate medical benefit plan costs among employees as they determine and exempts employees covered by existing collective bargaining agreements from these requirements until contract amendments occur.

Effective only if Senate Bill No. 1129 of the 102nd Legislature is enacted into law.