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Michigan Legislature
Michigan Compiled Laws Complete Through PA 131 of 2017
House: Adjourned until Tuesday, November 28, 2017 1:30:00 PM
Senate: Adjourned until Tuesday, November 28, 2017 10:00:00 AM

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Committees:  FINANCIAL SERVICES (11/17/2017)
Sorted by: SequenceNo
Bill/Resolution
Referred Date
CommitteeSponsorSubjectMeetingsStatus
HB 4087 of 2017
referred 1/25/2017
Financial Services
Love, LeslieFinancial institutions; money transmitters; posting of fees for money orders and other money transmission services; require. Amends 2006 PA 250 (MCL 487.1001 - 487.1047) by adding sec. 35.
HB 4094 of 2017
referred 1/26/2017
Financial Services
Kosowski, RobertConsumer credit; credit reports and reporting agencies; free credit freeze for active duty military personnel; provide for. Amends sec. 31 of 2013 PA 229 (MCL 445.2541).09/06/17
HB 4112 of 2017
referred 1/26/2017
Financial Services
Yanez, HenryLabor; fair employment practices; use of credit history in the hiring process; prohibit. Creates new act.
HB 4193 of 2017
referred 2/9/2017
Financial Services
Wittenberg, RobertConsumer protection; unfair trade practices; certain prepaid discount cards or programs; regulate as gift cards. Amends sec. 3e of 1976 PA 331 (MCL 445.903e).
HB 4194 of 2017
referred 2/9/2017
Financial Services
Hammoud, AbdullahTrade; fair trade practices; issuance of gift certificates and gift cards; prohibit expiration dates. Amends sec. 3g of 1976 PA 331 (MCL 445.903g).
HB 4532 of 2017 (PA 54 of 2017)
referred 4/26/2017
Financial Services
Whiteford, MaryProperty; recording; marital status in instruments conveying or mortgaging real estate; modify. Amends sec. 1 of 1915 PA 79 (MCL 565.221).05/17/17, 05/24/17substitute (H-1) adopted on 05/17/17. Reported with recommendation as substitute (H-1) on 05/24/17
HB 4580 of 2017 (PA 127 of 2017)
referred 5/3/2017
Financial Services
Farrington, DianaHousing; housing development authority; refinancing option; allow. Amends sec. 44 of 1966 PA 346 (MCL 125.1444).05/17/17, 05/24/17reported with recommendation 05/24/17
HB 4588 of 2017
referred 5/4/2017
Financial Services
Brinks, WinnieOccupations; securities; Occupations; securities; financial advisors to report suspected cases of financial abuse of elderly or other vulnerable adults; require certain record keeping and posting of information. Amends 2008 PA 551 (MCL 451.2101 - 451.2703) by adding art. 5A. TIE BAR WITH: HB 4589'17
HB 4589 of 2017
referred 5/4/2017
Financial Services
Graves, JosephOccupations; securities; financial advisors to report suspected cases of financial abuse of elderly or other vulnerable adults; require. Amends title of 2008 PA 551 (MCL 451.2101 - 451.2703) & adds art. 5A. TIE BAR WITH: HB 4588'17
HB 4657 of 2017
referred 5/24/2017
Financial Services
Webber, MichaelOccupations; collection practices; licensed debt collectors; prohibit certain acts. Amends sec. 915 of 1980 PA 299 (MCL 339.915).09/06/17
HB 4658 of 2017
referred 5/24/2017
Financial Services
Webber, MichaelConsumer credit; collection practices; unlicensed debt collectors; prohibit certain acts. Amends sec. 2 of 1981 PA 70 (MCL 445.252).09/06/17
HB 4918 of 2017
referred 9/12/2017
Financial Services
Allor, SueConsumer protection; unfair trade practices; veterans; prohibit pension poaching. Amends sec. 3 of 1976 PA 331 (MCL 445.903) & adds sec. 3k.10/18/17, 10/25/17Substitute (H-1) adopted on 10/18/17. Reported with recommendation, as amended, as substitute (H-2) on 10/25/17.
HB 5015 of 2017
referred 9/27/2017
Financial Services
Wentworth, JasonConsumer protection; unfair trade practices; disclosure requirement for certain veterans' benefit services; establish. Amends sec. 3 of 1976 PA 331 (MCL 445.903) & adds sec. 3l.10/18/17, 10/25/17Substitute (H-1) adopted on 10/18/17. Reported with recommendation, as amended, as substitute (H-2) on 10/25/17.
HB 5055 of 2017
referred 10/3/2017
Financial Services
Lucido, PeterConsumer credit; credit reports and reporting agencies; requests for security freeze in connection with a security breach of a database maintained by a consumer reporting agency; prohibit assessment of fees. Amends sec. 31 of 2013 PA 229 (MCL 445.2541).
HB 5094 of 2017
referred 10/12/2017
Financial Services
Bellino, JosephConsumer credit; credit reports and reporting agencies; free security freeze for consumers; provide for. Amends title & secs. 11, 14, 17, 21, 23 & 31 of 2013 PA 229 (MCL 445.2521 et seq.).
HB 5181 of 2017
referred 10/25/2017
Financial Services
Farrington, DianaVehicles; abandoned; recovery procedures for abandoned vehicles; modify. Amends secs. 252a, 252f & 252g of 1949 PA 300 (MCL 257.252a et seq.).11/01/17
SB 0238 of 2017
referred 5/16/2017
Financial Services
Booher, DarwinConsumer credit; lending practices; authority to pay referral fees under regulatory loan act; clarify. Amends sec. 12 of 1939 PA 21 (MCL 493.12).10/18/17, 10/25/17Reported with recommendation
SB 0284 of 2017
referred 4/26/2017
Financial Services
Jones, RickProperty; recording; statement of marital status in instruments conveying or mortgaging real estate; remove requirement. Amends sec. 1 of 1915 PA 79 (MCL 565.221).
SB 0385 of 2017
referred 10/19/2017
Financial Services
Stamas, JimOccupations; collection practices; engagement of staff attorneys by licensed debt collection agencies; allow. Amends sec. 915a of 1980 PA 299 (339.915a).
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