| 2011-2012 Session | House Committee on Banking and Financial Services | |||
| Friday, December 21, 2012 | ||||
| Bill/Resolution | Sponsor | Subject | Meetings | Status |
| HB 4020 referred 1/13/2011 |
Ouimet | Economic development; other; small business loan guarantee program; create. | ||
| HB 4118 referred 3/16/2011 |
Tlaib | Civil procedure; foreclosure; foreclosure of Michigan state housing development authority mortgages; require meeting between lender and borrower before foreclosure by advertisement. | 4/13/2011 | |
| HB 4222 referred 2/9/2011 |
Jackson | Housing; landlord and tenants; 30-day notice of foreclosure of property; require. | 4/13/2011 | |
| HB 4341 referred 2/24/2011 |
Barnett | Trade; securities; variable annuities; regulate as securities. | ||
| HB 4404 referred 3/9/2011 |
Jackson | Civil procedure; foreclosure; 1-year moratorium on residential mortgage and land contract foreclosures; make applicable to MSHDA mortgages and land contracts. | ||
| HB 4405 referred 3/9/2011 |
Jackson | Civil procedure; foreclosure; 1-year moratorium on residential mortgage and land contract foreclosures; provide for. | ||
| HB 4417 referred 3/15/2011 |
Oakes | Civil procedure; foreclosure; mortgage modification negotiation program; eliminate sunset. | ||
| HB 4462 referred 9/8/2011 |
Knollenberg | Crimes; forgery; forging or uttering and publishing a real estate document; prohibit, and provide for penalties and remedies. | 9/14/2011 9/28/2011 |
Reported with recommendation on 9/28/2011 |
| HB 4478 referred 9/8/2011 |
Lyons | Criminal procedure; sentencing guidelines; sentencing guidelines for forgery and uttering and publishing of real estate instruments; enact. | 9/14/2011 9/28/2011 |
Reported with recomendation on 9/28/2011 |
| HB 4487 referred 9/8/2011 |
Nathan | Financial institutions; generally; residential mortgage fraud; prohibit. | ||
| HB 4488 referred 9/8/2011 |
Dillon | Crimes; fraud; value thresholds for crime of false pretenses; revise. | ||
| HB 4489 referred 9/8/2011 |
Darany | Criminal procedure; sentencing guidelines; sentencing guidelines for crime of false pretenses; revise to reflect increased penalties. | ||
| HB 4490 referred 9/8/2011 |
Meadows | Criminal procedure; statute of limitations; certain crimes relating to real property; revise statute of limitations. | ||
| HB 4491 referred 9/8/2011 |
Tlaib | Occupations; notaries public; penalties for notary public violations; clarify, and increase. | ||
| HB 4492 referred 9/8/2011 |
Tlaib | Criminal procedure; sentencing guidelines; sentencing guidelines for notary public violations; enact. | 9/14/2011 9/28/2011 |
Reported with recommendation as substitute (H-1) on 9/28/2011 |
| HB 4495 referred 9/8/2011 |
Walsh | Criminal procedure; sentencing guidelines; sentencing guidelines for crime of mortgage fraud; enact. | ||
| HB 4536 referred 4/13/2011 |
Oakes | Civil procedure; foreclosure; mortgage loan modification negotiation program; extend sunset. | ||
| HB 4542 referred 4/13/2011 |
Farrington | Civil procedure; foreclosure; mortgage modification negotiation procedures; modify. | 4/13/2011 11/2/2011 11/30/2011 |
Reported with recommendation as substitute (H-5) on 11/30/2011 |
| HB 4543 referred 4/13/2011 re-referred on 6/30/2011 |
Pettalia | Civil procedure; foreclosure; mortgage modification negotiation program procedures; modify. | 4/13/2011 6/15/2011 11/2/2011 11/30/2011 |
Reported with recommendation as substitute (H-4) on 6/15/2011 Reported with recommendation as substitute (H-6) on 11/30/2011 |
| HB 4544 referred 4/13/2011 |
Lyons | Civil procedure; foreclosure; redemption period; modify for certain residential and farm property. | 4/13/2011 11/2/2011 11/30/2011 |
Reported with recommendation as substitute (H-3) on 11/30/2011 |
| HB 4651 referred 5/17/2011 |
Ananich | Civil procedure; foreclosure; judicial foreclosure; require for certain residential mortgages. | ||
| HB 4975 referred 10/5/2011 |
O'Brien | Occupations; appraisers; appraisal management companies; regulate. | 12/14/2011 3/21/2012 |
Reported with recommendation as substitute (H-2) on 3/21/2012 |
| HB 5020 referred 9/28/2011 |
Farrington | Civil procedure; foreclosure; foreclosure by advertisement; require all assignments of mortgage to be recorded. | 10/19/2011 | |
| HB 5021 referred 9/28/2011 |
Farrington | Civil procedure; foreclosure; redemption of property in foreclosure; establish a deadline for adding expenses to amount required to redeem. | 10/19/2011 | |
| HB 5022 referred 9/28/2011 |
Farrington | Civil procedure; foreclosure; redemption of property in foreclosure; allow county registers of deeds to calculate amount due. | ||
| HB 5081 referred 10/18/2011 |
Huuki | Commercial code; other; general revisions to article 1 of the uniform commercial code; provide for. | 11/9/2011 12/14/2011 |
Reported with recommendation as substitute (H-1) on 12/14/2011 |
| HB 5082 referred 10/18/2011 |
Cotter | Commercial code; warehouse receipts; general revisions to article 7 of the uniform commercial code; provide for. | 11/9/2011 12/14/2011 |
Reported with recommendation as substitute (H-1) on 12/14/2011 |
| HB 5083 referred 10/18/2011 |
Lipton | Commercial code; secured transactions; general revisions to article 9 of the uniform commercial code; provide for. | 11/9/2011 12/14/2011 |
Reported with recommendation as substitute (H-1) on 12/14/2011 |
| HB 5111 referred 10/19/2011 |
LeBlanc | Property; land contracts; renting of a home subject to land contract; prohibit unless authorized in the land contract. | ||
| HB 5168 referred 11/10/2011 |
Barnett | Economic development; other; endowment funds investment act; create. | ||
| HB 5169 referred 11/10/2011 |
Barnett | Financial institutions; other; organization of business development corporations by financial institutions; provide for. | ||
| HB 5170 referred 11/10/2011 |
Segal | Income tax; exemptions; Michigan business development corporations and certain financial institutions; provide for. | ||
| HB 5171 referred 11/10/2011 |
Hovey-Wright | Financial institutions; savings banks; participation in business development corporations; authorize. | ||
| HB 5172 referred 11/10/2011 |
Slavens | Financial institutions; banks; participation in business development corporations; authorize. | ||
| HB 5173 referred 11/10/2011 |
Tlaib | Financial institutions; credit unions; participation in business development corporations; allow. | ||
| HB 5176 referred 11/10/2011 re-referred on 3/29/2012 |
Olson | Civil procedure; foreclosure; redemption periods for mortgages foreclosed by advertisement; revise. | 11/30/2011 | Reported with recommendation as substitute (H-1) on 11/30/2011 |
| HB 5188 referred 11/30/2011 |
Opsommer | Civil procedure; foreclosure; payment required to redeem a foreclosed home; limit amount that a designee may charge to calculate. | ||
| HB 5243 referred 1/11/2012 |
Talabi | Civil procedure; foreclosure; mortgage foreclosure; prohibit for homeowners in active military duty. | ||
| HB 5271 referred 1/24/2012 |
O'Brien | Occupations; appraisers; appraisal management companies; establish registration fees. | 3/21/2012 | Reported with recommendation as substitute (H-2) on 3/21/2012 |
| HB 5287 referred 1/26/2012 |
McBroom | Education; financing; investments in certain deposit accounts; authorize, and provide school operating tax exemption for property occupied by a public school academy. | 2/8/2012 2/22/2012 |
Reported with recommendation on 2/22/2012 |
| HB 5288 referred 1/26/2012 |
Womack | Higher education; community colleges; investments in certain deposit accounts; authorize. | 2/8/2012 2/22/2012 |
Reported with recommendation on 2/22/2012 |
| HB 5289 referred 1/26/2012 |
Ouimet | Local government; financing; investments in certain deposit accounts; authorize. | 2/8/2012 2/22/2012 |
Reported with recommendation on 2/22/2012 |
| HB 5446 referred 3/29/2012 |
Hobbs | Consumer credit; other; nonrecourse mortgage loans; clarify effect of certain mortgage provisions. | ||
| HB 5479 referred 3/15/2012 |
Knollenberg | State financing and management; purchasing; engaging in contracts with companies that have business activities in Iran; prohibit. | 3/21/2012 3/28/2012 |
Reported with recommendation as substitute (H-2) on 3/28/2012 |
| HB 5480 referred 3/15/2012 |
Knollenberg | State financing and management; purchasing; engaging in certain contracts for services or supplies with companies that have business activities in Iran; prohibit. | 3/21/2012 3/28/2012 |
Reported with recommendation as substitute (H-1) on 3/28/2012 |
| HB 5481 referred 3/15/2012 |
Callton | State financing and management; purchasing; engaging in contracts for construction with companies that have business activities in Iran; prohibit. | 3/21/2012 3/28/2012 |
Reported with recommendation as substitute (H-1) on 3/28/2012 |
| HB 5482 referred 3/15/2012 |
Agema | State financing and management; funds; strategic fund; subject to new Iran economic sanctions act. | 3/21/2012 3/28/2012 |
Reported with recommendation as substitute (H-1) on 3/28/2012 |
| HB 5483 referred 3/15/2012 |
Moss | Revenue sharing; other; receipt of revenue sharing; subject to compliance with new Iran economic sanctions act. | 3/21/2012 3/28/2012 |
Reported with recommendation as substitute (H-1) on 3/28/2012 |
| HB 5484 referred 3/15/2012 |
Haines | Transportation; funds; receipt of money; subject to compliance with Iran economic sanctions act. | 3/21/2012 3/28/2012 |
Reported with recommendation as substitute (H-1) on 3/28/2012 |
| HB 5835 referred 8/15/2012 |
Farrington | Financial institutions; savings and loan associations; savings and loan act of 1980; repeal. | 9/12/2012 9/19/2012 |
Reported with recommendation on 9/19/2012 |
| HB 5836 referred 8/15/2012 |
Jenkins | Financial institutions; savings and loan associations; electronic funds transfer terminal statute; revise citations. | 9/12/2012 9/19/2012 |
Reported with recommendation on 9/19/2012 |
| HB 5837 referred 8/15/2012 |
Cotter | Financial institutions; savings and loan associations; handling and processing food stamps statute; revise citations. | 9/12/2012 9/19/2012 |
Reported with recommendation on 9/19/2012 |
| HB 5838 referred 8/15/2012 |
Huuki | Financial institutions; savings and loan associations; exemption of association shares from levy and sale; revise citation. | 9/12/2012 9/19/2012 |
Reported with recommendation on 9/19/2012 |
| HB 5863 referred 9/11/2012 |
Franz | Financial institutions; savings and loan associations; motor vehicle sales finance statute; revise citation. | 9/12/2012 9/19/2012 |
Reported with recommendation on 9/19/2012 |
| HB 6071 referred 11/29/2012 |
McMillin | Civil procedure; foreclosure; condominium association liens; give priority over mortgage liens. | ||
| HB 6072 referred 11/29/2012 |
McMillin | Civil procedure; foreclosure; homeowners' or property owners' associations liens; give priority over mortgage liens. | ||
| SB 43 referred 9/8/2011 |
Hunter | Consumer credit; lending practices; crime of residential mortgage fraud; establish. | 9/14/2011 9/28/2011 |
Reported with recommendation as substitute (H-1) on 9/28/2011 |
| SB 44 referred 9/8/2011 re-referred on 10/11/2011 |
Hunter | Criminal procedure; sentencing guidelines; sentencing guidelines for crime of mortgage fraud; enact. | 9/14/2011 9/28/2011 |
Reported with recommendation on 9/28/2011 |
| SB 249 referred 9/8/2011 |
Booher | Crimes; fraud; value thresholds for crime of false pretenses; revise. | 9/14/2011 9/28/2011 |
Reported with recommendation on 9/28/2011 |
| SB 250 referred 9/8/2011 |
Booher | Criminal procedure; sentencing guidelines; sentencing guidelines for crime of false pretenses; revise to reflect increased penalties. | 9/14/2011 9/28/2011 |
Reported with recommendation on 9/28/2011 |
| SB 251 referred 9/8/2011 |
Nofs | Criminal procedure; statute of limitations; certain crimes relating to real property; revise statute of limitations. | 9/14/2011 9/28/2011 |
Reported with recommendation on 9/28/2011 |
| SB 252 referred 9/8/2011 |
Marleau | Occupations; notaries public; penalties for notary public violations; increase. | 9/14/2011 9/28/2011 |
Reported with recommendation on 9/28/2011 |
| SB 253 referred 9/8/2011 |
Gleason | Criminal procedure; sentencing guidelines; sentencing guidelines for notary public violations; enact. | ||
| SB 398 referred 6/16/2011 |
Green | Civil procedure; foreclosure; mortgage loan modification negotiation program; extend sunset. | 6/22/2011 | Reported with recommendation on 6/22/2011 |
| SB 456 referred 11/3/2011 |
Young | Financial institutions; savings banks; written disclosure of rights of account holders; require for joint accounts. | ||
| SB 460 referred 11/3/2011 |
Young | Financial institutions; credit unions; written disclosure of rights of account holders; require for joint accounts. | ||
| SB 604 referred 11/3/2011 |
Young | Financial institutions; banks; written disclosure of rights of account holders; require for joint accounts. | ||
| SB 605 referred 11/3/2011 |
Bieda | Financial institutions; savings and loan associations; written disclosure of rights of account holders; require for joint accounts. | ||
| SB 783 referred 3/15/2012 |
Schuitmaker | Torts; nonmedical malpractice; certified public accountants; modify protection from liability to nonclients. | 5/30/2012 6/6/2012 |
Reported with recommendation as substitute (H-1) on 6/6/2012 |
| SB 908 referred 3/1/2012 |
Booher | Financial institutions; loan officers; regulation of loan modification activities by sponsored mortgage loan originators; clarify. | 4/18/2012 | Reported with recommendation as substitute (H-1) on 4/18/2012 |
| SB 937 referred 3/21/2012 |
Hune | Insurance; other; receivers; limit powers related to secured instruments. | 5/9/2012 5/23/2012 |
Reported with recommendation as substitute (H-1) on 5/23/2012 |
| SB 978 referred 9/13/2012 |
Schuitmaker | Probate; trusts; trust decanting; allow. | 11/28/2012 12/5/2012 |
Reported with recommendation on 12/5/2012 |
| SB 979 referred 9/13/2012 |
Schuitmaker | Probate; trusts; personal property trust perpetuities act; modify to account for decanted trusts. | 11/28/2012 12/5/2012 |
Reported with recommendation on 12/5/2012 |
| SB 980 referred 9/13/2012 |
Jones | Probate; trusts; powers of appointment; revise. | 11/28/2012 12/5/2012 |
Reported with recommendation on 12/5/2012 |
| SB 1024 referred 6/12/2012 |
Kahn | State financing and management; purchasing; engaging in contracts with companies that have business activities in Iran; prohibit. | 9/19/2012 | Reported with recommendation on 9/19/2012 |
| SB 1027 referred 6/12/2012 |
Booher | State financing and management; funds; strategic fund; subject to new Iran economic sanctions act. | ||
| SB 1108 referred 5/31/2012 |
Booher | Businesses; other; business development enterprises; authorize under Michigan BIDCO act. | 6/6/2012 9/19/2012 |
Reported with recommendation on 9/19/2012 |
| SB 1172 referred 9/27/2012 |
Booher | Civil procedure; foreclosure; mortgage modification negotiation procedures; extend sunset provision. | 11/28/2012 12/5/2012 |
Reported with recommendation on 12/5/2012 |
| SB 1281 referred 11/8/2012 |
Booher | Labor; hours and wages; definition of payroll debit card; revise permitted issuers. | 12/5/2012 | Reported with recommendation as substitute (H-1) |
| SB 1283 referred 11/8/2012 |
Green | Financial institutions; mortgage brokers and lenders; mortgage loans to which mortgage brokers, lenders, and servicers licensing act apply; revise. | 12/5/2012 | Reported with recommendation |
| SB 1284 referred 11/8/2012 |
Nofs | Consumer credit; predatory lending; application of consumer mortgage protection act to certain mortgage transactions; modify. | 12/5/2012 | Reported with recommendation |
| SB 1285 referred 11/8/2012 |
Marleau | Consumer credit; predatory lending; mortgage loan subject to mortgage lending practices statute; modify. | 12/5/2012 | Reported with recommendation |
| HR 21 referred 2/8/2011 |
Knollenberg | A resolution to memorialize Congress to take steps to insure that the Wall Street Reform and Consumer Protection Act does not result in increased fees on consumers at exempted institutions. | 2/9/2011 | Reported with recommendation on 2/9/2011 |
| HCR 68 referred 12/5/2012 |
Knollenberg | A concurrent resolution to urge the Congress of the United States to adopt stricter economic sanctions against Iran. |