| 2009-2010 Session | House Committee on Banking and Financial Services | |||
| Wednesday, December 29, 2010 | ||||
| Bill/Resolution | Sponsor | Subject | Meetings | Status |
| HB 4033 referred 1/22/2009 |
Jackson | Civil procedure; foreclosure; 1-year moratorium on residential mortgage and land contract foreclosures; make applicable to MSHDA mortgages and land contracts. | ||
| HB 4034 referred 1/22/2009 |
Jackson | Civil procedure; foreclosure; 1-year moratorium on residential mortgage and land contract foreclosures; provide for. | ||
| HB 4046 referred 1/22/2009 |
Bettie Scott | Civil procedure; foreclosure; mediation program and moratorium for residential mortgage foreclosures; establish. | ||
| HB 4052 referred 1/22/2009 |
Bettie Scott | Consumer credit; other; Michigan homeownership preservation fund; create, and finance with civil fines. | ||
| HB 4065 referred 1/22/2009 |
Switalski | Consumer credit; predatory lending; consumer mortgage protection act; replace with home loan protection act. | ||
| HB 4066 referred 1/22/2009 |
Roy Schmidt | Financial institutions; mortgage brokers and lenders; home loan protection act; require compliance and impose additional duties with respect to borrowers. | ||
| HB 4067 referred 1/22/2009 |
Gregory | Financial institutions; mortgage brokers and lenders; home loan protection act; require compliance by mortgage brokers in secondary market and impose additional duties with respect to borrowers. | ||
| HB 4166 referred 2/4/2009 |
Tlaib | Consumer credit; other; tax refund anticipation loans; require disclosures and create penalties. | 3/12/2009 3/19/2009 |
Reported with recommendation as an (H-1) substitute on 3/19/2009 |
| HB 4234 referred 2/11/2009 |
Nathan | Occupations; appraisers; provision regarding lapsed license of real estate appraiser; repeal. | 3/12/2009 | Reported with recommendation on 3/12/2009 |
| HB 4397 referred 2/24/2009 |
Mayes | Education; financing; investment of certain deposit; include credit unions. | 3/12/2009 | Reported with recommendation on 3/12/2009 |
| HB 4398 referred 2/24/2009 |
Mayes | Local government; financing; investment in certain certificates of deposit; include credit unions. | 3/12/2009 | Reported with recommendation on 3/12/2009 |
| HB 4453 referred 2/24/2009 |
Jackson | Civil procedure; foreclosure; foreclosure by advertisement; prohibit unless requirements of mortgage negotiation program have been completed. | 2/26/2009 3/5/2009 |
Reported with recommendation as an (H-1) substitute on 3/5/2009 |
| HB 4454 referred 2/24/2009 |
Coulouris | Civil procedure; foreclosure; negotiation program for mortgages of certain residential property that are in default; create. | 2/26/2009 3/5/2009 |
Reported with recommendation as an (H-1) substitute on 3/5/2009 |
| HB 4455 referred 2/24/2009 |
Johnson | Civil procedure; foreclosure; foreclosure by advertisement; prohibit if borrower qualifies for modification of mortgage loan. | 2/26/2009 3/5/2009 |
Reported with recommendation as an (H-1) substitute on 3/5/2009 |
| HB 4585 referred 3/17/2009 |
Melton | Consumer credit; predatory lending; general revision to consumer mortgage protection act; regulate rate spread and high-cost home loans and revise default provisions. | ||
| HB 4586 referred 3/17/2009 |
Angerer | Consumer credit; predatory lending; general revision to consumer mortgage protection act; revise provisions concerning notices and disclosures. | ||
| HB 4587 referred 3/17/2009 |
Switalski | Consumer credit; predatory lending; general revision to consumer mortgage protection act; prohibit certain lending practices. | ||
| HB 4588 referred 3/17/2009 |
Leland | Consumer credit; predatory lending; general revision to consumer mortgage protection act; revise references to home loans in local preemption provisions. | ||
| HB 4589 referred 3/17/2009 |
Valentine | Consumer credit; predatory lending; general revision to consumer mortgage protection act; prescribe civil sanctions and penalties. | ||
| HB 4590 referred 3/17/2009 |
Young | Consumer credit; predatory lending; general revision to consumer mortgage protection act; revise authority of OFIS commissioner. | ||
| HB 4591 referred 3/17/2009 |
Ebli | Consumer credit; predatory lending; general revision to consumer mortgage protection act; general applicability of act. | ||
| HB 4592 referred 3/17/2009 |
Shirkey | Consumer credit; predatory lending; general revision to consumer mortgage protection act; revise title and general definitions. | ||
| HB 4593 referred 3/17/2009 |
Corriveau | Consumer credit; predatory lending; general revision to consumer mortgage protection act; revise claims and defenses in civil actions. | ||
| HB 4607 referred 3/17/2009 |
Johnson | Consumer credit; other; tax refund anticipation loans; prohibit certain practices and create remedies and penalties. | 3/19/2009 | Reported with recommendation as an (H-1) substitute on 3/19/2009 |
| HB 4743 referred 3/31/2009 |
Booher | Financial institutions; banks; time period for writing off certain bad debt; modify. | 4/2/2009 | Reported with recommendation as an (H-1) substitute on 4/2/2009 |
| HB 4749 referred 3/31/2009 |
Clemente | Financial institutions; savings banks; time period for writing off certain bad debt; modify. | 4/2/2009 | Reported with recommendation as an (H-2) substitute on 4/2/2009 |
| HB 4840 referred 4/29/2009 |
Coulouris | Liens; other; procedures regarding certain fraudulently filed financing statements; revise. | ||
| HB 4841 referred 4/29/2009 |
Coulouris | Criminal procedure; sentencing guidelines; guidelines for filing a false affidavit; revise. | ||
| HB 5323 referred 9/9/2009 |
Hammel | Retirement; investments; protection of assets for investments of pension plans; enhance. | 11/5/2009 2/4/2010 |
Reported with recommendation as an (H-3) substitute on 2/4/2010 |
| HB 5362 referred 9/15/2009 |
Booher | Economic development; other; small business loan guarantee program; create. | ||
| HB 5412 referred 9/17/2009 |
Geiss | Financial institutions; credit unions; procedure for the disclosure of nonpublic financial information to unaffiliated third parties; revise. | ||
| HB 5413 referred 9/17/2009 |
Tlaib | Financial institutions; banks; procedure for the disclosure of nonpublic financial information to unaffiliated third parties; revise. | ||
| HB 5414 referred 9/17/2009 |
DeShazor | Financial institutions; savings and loan associations; procedure for the disclosure of nonpublic financial information to unaffiliated third parties; revise. | ||
| HB 5415 referred 9/17/2009 |
Switalski | Financial institutions; savings banks; procedure for the disclosure of nonpublic financial information to unaffiliated third parties; revise. | ||
| HB 5550 referred 10/27/2009 |
Mayes | Local government; financing; issuing of a refund obligation; provide for. | 1/21/2010 | Reported with recommendation on 1/21/2010 |
| HB 5551 referred 10/27/2009 |
Moore | Local government; bonds; certain requirements for issuance of a municipal security; provide for. | 1/21/2010 | Reported with recommendation on 1/21/2010 |
| HB 5552 referred 10/27/2009 |
Hammel | Economic development; downtown development authorities; issuance of a refunding obligation; provide for. | 1/21/2010 | Reported with recommendation on 1/21/2010 |
| HB 5553 referred 10/27/2009 |
Melton | Economic development; tax increment financing; issuance of a refunding obligation; provide for. | 1/21/2010 | Reported with recommendation on 1/21/2010 |
| HB 5554 referred 10/27/2009 |
Byrum | Economic development; local development financing; issuance of a refunding obligation; provide for. | 1/21/2010 | Reported with recommendation as an (H-1) substitute on 1/21/2010 |
| HB 5821 referred 2/16/2010 |
Scripps | Labor; hours and wages; payroll debit card; revise requirements for issuing. | 5/6/2010 | Reported with recommendation as an (H-1) substitute on 5/6/2010 |
| HB 5925 referred 3/9/2010 |
Johnson | Civil procedure; foreclosure; mediation of mortgages in default; require employee of mortgage holder to attend mediation. | ||
| HB 6051 referred 4/21/2010 |
Switalski | Economic development; other; center for microenterprise development; create. | 4/29/2010 | Reported with recommendation as an (H-1) substitute on 4/29/2010 |
| HB 6052 referred 4/21/2010 |
McDowell | Economic development; other; microenterprise development; create. | 4/29/2010 | Reported with recommendation as an (H-1) substitute on 4/29/2010 |
| HB 6274 referred 6/22/2010 |
Bettie Scott | Retirement; investments; investment of municipal pension funds into loans or issuance of bonds to provide as operating capital for certain core services; provide for. | ||
| HB 6275 referred 6/22/2010 |
Bettie Scott | Cities; home rule; pension fund availability for city bonds; provide for. | ||
| HB 6276 referred 6/22/2010 |
Lipton | Insurance; insurers; title insurance closing or settlement protection and escrow accounts; provide for general amendments. | ||
| HB 6423 referred 9/8/2010 |
Johnson | Civil procedure; foreclosure; power to foreclose mortgages by advertisement; prohibit if mortgage holder does not participate in help for hardest hit program. | ||
| HB 6440 referred 9/15/2010 |
Melton | State financing and management; other; state deposits in banks not participating in certain MSHDA programs; prohibit. | ||
| HB 6544 referred 11/9/2010 |
Griffin | Liens; mortgages; fee on home purchases; establish, and earmark into a foreclosure prevention education program. | ||
| SB 195 referred 2/17/2009 |
Stamas | Local government; financing; investment in certain certificates of deposit; include credit unions. | 4/2/2009 | Reported with recommendation as an (H-1) substitute on 4/2/2009 |
| SB 196 referred 2/17/2009 |
Stamas | Education; financing; investment in certain certificates of deposit; include credit unions. | ||
| SB 379 referred 3/19/2009 |
Olshove | Financial institutions; loan officers; mortgage loan officer registration; require for consumer financial service companies. | 3/26/2009 | Reported with recommendation on 3/26/2009 |
| SB 380 referred 3/19/2009 |
Van Woerkom | Financial institutions; loan officers; registration of consumer financial services company mortgage loan officers; allow under mortgage brokers, lenders, and servicers licensing act. | 3/26/2009 | Reported with recommendation on 3/26/2009 |
| SB 381 referred 3/19/2009 |
Hardiman | Financial institutions; loan officers; registration of consumer financial services company mortgage loan officers; allow under secondary mortgage act. | 3/26/2009 | Reported with recommendation on 3/26/2009 |
| SB 411 referred 4/22/2009 |
Switalski | Businesses; charitable organizations; uniform prudent management of institutional funds act; adopt. | 6/11/2009 | Reported with recommendation on 6/11/2009 |
| SB 412 referred 4/22/2009 |
Kuipers | Businesses; charitable organizations; references to uniform prudent management of institutional funds act in the nonprofit corporations act; revise to reflect adoption of new uniform act. | 6/11/2009 | Reported with recommendation on 6/11/2009 |
| SB 462 referred 6/24/2009 |
Richardville | Financial institutions; loan officers; mortgage loan officer licensing; adopt statute that complies with federal SAFE act requirements. | Discharged on 7/15/2009 | |
| SB 463 referred 6/24/2009 |
Stamas | Financial institutions; mortgage brokers and lenders; mortgage brokers, lenders, and servicers licensing act; amend to comply with federal SAFE act requirements. | Discharged on 7/15/2009 | |
| SB 464 referred 6/24/2009 |
Olshove | Financial institutions; mortgage brokers and lenders; secondary mortgage loan act; amend to comply with federal SAFE act requirements. | Discharged on 7/15/2009 | |
| SB 465 referred 6/24/2009 |
Sanborn | Financial institutions; other; consumer financial services act; amend to comply with federal SAFE act requirements. | Discharged on 7/15/2009 | |
| SB 583 referred 6/9/2009 |
Stamas | Higher education; community colleges; investment of surplus funds in certain certificates of deposit; authorize. | 6/18/2009 | Reported with recommendation on 6/18/2009 |
| SB 1525 referred 11/10/2010 |
Richardville | Financial institutions; loan officers; provision relating to surety bond obligation for mortgage loan originators; modify. | Discharged from Committee on 12/15/2010 | |
| HR 29 referred 2/19/2009 |
Switalski | A resolution to express support for community banks in Michigan and to urge federal action to promote Michigan's banking industry. | ||
| HR 35 referred 2/26/2009 |
Lemmons | A resolution to memorialize the Congress of the United States to create the Homeowners and Bank Protection Act. | ||
| HR 51 referred 3/24/2009 |
Knollenberg | A resolution to memorialize the President of the United States and the Congress to do everything within their authority to stop American International Group from using taxpayer dollars to pay bonuses to their employees. | ||
| HR 56 referred 3/26/2009 |
Jackson | A resolution to memorialize Congress and the President to do all they can to halt or require repayment of contractually approved bonuses to executives of the American International Group in a manner similar to the required renegotiation of contractual agreements between the domestic auto manufacturers and their employees. | ||
| HR 290 referred 5/25/2010 |
McMillin | A resolution to memorialize Congress to enact the European Bailout Protection Act to prohibit U.S. tax dollars from being used by the International Monetary Fund for bailouts of European countries. | ||
| HR 326 referred 9/14/2010 |
Valentine | A resolution to encourage federal mortgage loan servicers to participate in the administration of the federal Hardest Hit Fund. | ||
| HR 339 referred 11/9/2010 |
Neumann | A resolution to memorialize Congress to require federally regulated financial institutions to disclose to customers all of the ramifications of creating joint accounts. | ||
| HCR 36 referred 12/17/2009 |
Opsommer | A concurrent resolution to memorialize the United States Congress to embrace greater economic transparency by enacting H.R. 1207, the Federal Reserve Transparency Act of 2009, and to enact it as a stand alone bill not attached to other legislation and in a version fully supported by the bill's original sponsors. |