FALSE PRETENSES: STATUTE OF LIM. S.B. 251:
COMMITTEE SUMMARY
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Senate Bill 251 (as introduced 3-9-11)
Sponsor: Senator Mike Nofs
Committee: Banking and Financial Institutions
Date Completed: 5-3-11
CONTENT
The bill would amend the Code of Criminal Procedure to provide for a 10-year statute of limitations for false pretenses involving real property, mortgage fraud, or forgery or uttering and publishing of an instrument affecting an interest in real property.
Specifically, an indictment for one of those offenses could be found and filed within 10 years after the offense was committed or within 10 years after the instrument affecting real property was recorded, whichever occurred later.
Under the Code, except as provided for specific offenses, the statute of limitations for a crime is six years after the offense is committed.
MCL 767.24 Legislative Analyst: Suzanne Lowe
FISCAL IMPACT
The bill would have an indeterminate fiscal impact on State and local government. There are no data to indicate how many additional indictments would be filed as a result of expanding the statute of limitations from six years to 10 years. Any increase in felony convictions that resulted from the extension of the statute of limitations could increase State and local costs by increasing incarceration and community supervision costs.
Fiscal Analyst: Matthew Grabowski
Analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent. sb251/1112