Top Legislation - View All
Latest Action: 01/23/2007 - Printed bill filed 01/23/2007 Bill Text
Financial institutions; mortgage brokers and lenders; coercing or inducing appraisers to inflate value of mortgaged property; prohibit. Amends sec. 29 of 1987 PA 173 (MCL 445.1679).
Latest Action: 01/23/2007 - Printed bill filed 01/23/2007 Bill Text
Financial institutions; mortgage brokers and lenders; coercing or inducing appraisers to inflate value of real property offered as collateral for secondary mortgage loan; prohibit. Amends sec. 27 of 1981 PA 125 (MCL 493.77).
Latest Action: 03/07/2007 - Printed bill filed 03/07/2007 Bill Text
Financial institutions; generally; residential mortgage fraud; prohibit. Amends 1931 PA 328 (MCL 750.1 - 750.568) by adding sec. 219d.
Latest Action: 03/07/2007 - Printed bill filed 03/07/2007 Bill Text
Consumer protection; unfair trade practices; residential mortgage fraud; prohibit. Amends sec. 3 of 1976 PA 331 (MCL 445.903). TIE BAR WITH: HB 4409'07
Latest Action: 04/08/2008 - Approved by the governor 4/2/2008 @ 2:31 pm Bill Text
Financial institutions; mortgage brokers and lenders; fees, application dates, and license or registration expiration dates; revise, and establish MBLSLA fund. Amends secs. 6, 7, 8 & 25 of 1987 PA 173 (MCL 445.1656 et seq.).
Latest Action: 06/13/2007 - Printed bill filed 06/13/2007 Bill Text
Consumer credit; interest rates; cap on credit card and mortgage interest by certain lenders; establish at 15%. Amends sec. 4 of 1995 PA 162 (MCL 445.1854).
Latest Action: 05/01/2008 - Referred to committee on banking and financial institutions Bill Text
Trade; securities; adoption of new uniform securities act (2002); update uniform securities act references in mortgage brokers, lenders, and servicers licensing act. Amends secs. 1a & 29 of 1987 PA 173 (MCL 445.1651a & 445.1679). TIE BAR WITH: HB 5008'07
Latest Action: 07/25/2007 - Printed bill filed 07/25/2007 Bill Text
Family law; friend of the court; bank accounts of self-employed child support payers; require payers to disclose and allow friend of court to obtain information regarding. Amends sec. 5a of 1982 PA 295 (MCL 552.605a) & adds sec. 27a.
Latest Action: 09/29/2007 - Printed bill filed 09/29/2007 Bill Text
Consumer credit; predatory lending; regulation of certain predatory lending practices by municipalities; allow. Repeals secs. 14 & 15 of 2002 PA 660 (MCL 445.1644 & 445.1645).
Latest Action: 04/08/2008 - Approved by the governor 4/2/2008 @ 2:05 pm Bill Text
Financial institutions; mortgage brokers and lenders; regulation and registration of mortgage loan officers; revise compensation provisions. Amends sec. 2 of 1987 PA 173 (MCL 445.1652). TIE BAR WITH: HB 5288'07, HB 5289'07, HB 5290'07, HB 5291'07, SB 0826'07, SB 0827'07, SB 0828'07, SB 0829'07, SB 0830'07, SB 0831'07, SB 0832'07, SB 0833'07
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Latest Legislation - View All
Latest Action: 09/09/2008 - Printed bill filed 09/04/2008 Bill Text
Income tax; collections; use of credit cards as payment option for state taxes; allow. Amends sec. 19 of 1941 PA 122 (MCL 205.19).
Latest Action: 07/16/2008 - Printed bill filed 06/30/2008 Bill Text
Business tax; other; definition of equity capital for financial institutions; provide for. Amends sec. 265 of 2007 PA 36 (MCL 208.1265).
Latest Action: 05/27/2008 - Printed bill filed 05/23/2008 Bill Text
Business tax; other; eligibility for all credits; eliminate exclusion of insurance companies and financial institutions. Amends secs. 403, 431, 433, 435 & 437 of 2007 PA 36 (MCL 208.1403 et seq.) & repeals sec. 400 of 2007 PA 36 (MCL 208.1400).
Latest Action: 05/27/2008 - Reported with recommendation without amendment(s) Bill Text
Criminal procedure; sentencing guidelines; violation of mortgage company act or secondary mortgage loan act; reflect reduction of penalty to misdemeanor. Amends sec. 14p, ch. XVII of 1927 PA 175 (MCL 777.14p). TIE BAR WITH: SB 0343'07, SB 0356'07
Latest Action: 05/13/2008 - Printed bill filed 05/09/2008 Bill Text
Financial institutions; banks; notice of transfer of personal identifying information; require. Amends 1999 PA 276 (MCL 487.11101 - 487.15105) by adding sec. 3914. TIE BAR WITH: HB 6099'08, HB 6100'08, HB 6101'08, HB 6102'08, HB 6103'08, HB 6104'08, HB 6105'08, HB 6107'08
Latest Action: 05/13/2008 - Printed bill filed 05/09/2008 Bill Text
Financial institutions; credit unions; notice of transfer of personal identifying information; require. Amends 2003 PA 215 (MCL 490.101 - 490.601) by adding sec. 388. TIE BAR WITH: HB 6099'08, HB 6100'08, HB 6101'08, HB 6102'08, HB 6103'08, HB 6104'08, HB 6105'08, HB 6106'08
Latest Action: 11/27/2007 - Referred to committee on banking and financial institutions Bill Text
Financial institutions; generally; Utah industrial loan corporations; prohibit operation as out-of-state banks. Amends secs. 1201, 1202 & 3711 of 1999 PA 276 (MCL 487.11201 et seq.).
Latest Action: 11/08/2007 - Referred to committee on natural resources and environmental affairs Bill Text
Environmental protection; landfills; HDPE and PETE plastic; prohibit disposal of. Amends sec. 11514 of 1994 PA 451 (MCL 324.11514).
Latest Action: 11/08/2007 - Referred to committee on natural resources and environmental affairs Bill Text
Environmental protection; landfills; newsprint; prohibit disposal of. Amends sec. 11514 of 1994 PA 451 (MCL 324.11514).
Latest Action: 11/01/2007 - Referred to committee on finance Bill Text
Business tax; other; tax rate levied and imposed on financial institutions; revise. Amends sec. 263 of 2007 PA 36 (MCL 208.1263). TIE BAR WITH: SB 0870'07, SB 0871'07, SB 0873'07, SB 0874'07, SB 0875'07
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