SENATE COMMITTEE ON BANKING AND FINANCIAL INSTITUTIONS

2011-2012 Session

Friday, December 28, 2012


Bill: SB   43 Referred 1/19/2011
Sponsor: Hunter
Subject: Consumer credit; lending practices; crime of residential mortgage fraud; establish.
Status: 5/4/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: SB   44 Referred 1/19/2011
Sponsor: Hunter
Subject: Criminal procedure; sentencing guidelines; sentencing guidelines for crime of mortgage fraud; enact.
Status: 5/4/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: SB   84 Referred 1/27/2011
Sponsor: Whitmer
Subject: Financial institutions; banks; overdraft fees; regulate.
Status:

Bill: SB   85 Referred 1/27/2011
Sponsor: Whitmer
Subject: Financial institutions; savings and loan associations; overdraft fees; regulate.
Status:

Bill: SB   86 Referred 1/27/2011
Sponsor: Whitmer
Subject: Financial institutions; savings banks; overdraft fees; regulate.
Status:

Bill: SR   14 Referred 2/9/2011
Sponsor: Booher
Subject: A resolution to memorialize Congress to take steps to ensure that the Wall Street Reform and Consumer Protection Act does not result in increased fees on consumers at exempted institutions.
Status: 2/15/2011-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: SB   249 Referred 3/9/2011
Sponsor: Booher
Subject: Crimes; fraud; value thresholds for crime of false pretenses; revise.
Status: 5/4/2011-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: SB   250 Referred 3/9/2011
Sponsor: Booher
Subject: Criminal procedure; sentencing guidelines; sentencing guidelines for crime of false pretenses; revise to reflect increased penalties.
Status: 5/4/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: SB   251 Referred 3/9/2011
Sponsor: Nofs
Subject: Criminal procedure; statute of limitations; certain crimes relating to real property; revise statute of limitations.
Status: 5/4/2011-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: SB   252 Referred 3/9/2011
Sponsor: Marleau
Subject: Occupations; notaries public; penalties for notary public violations; increase.
Status: 5/4/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-3

Bill: SB   253 Referred 3/9/2011
Sponsor: Gleason
Subject: Criminal procedure; sentencing guidelines; sentencing guidelines for notary public violations; enact.
Status: 5/4/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: HB   4462 Referred 10/6/2011
Sponsor: Knollenberg
Subject: Crimes; forgery; forging or uttering and publishing a real estate document; prohibit, and provide for penalties and remedies.
Status: 10/11/2011-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: HB   4478 Referred 10/6/2011
Sponsor: Lyons
Subject: Criminal procedure; sentencing guidelines; sentencing guidelines for forgery and uttering and publishing of real estate instruments; enact.
Status: 10/11/2011-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: HB   4492 Referred 10/6/2011
Sponsor: Tlaib
Subject: Criminal procedure; sentencing guidelines; sentencing guidelines for notary public violations; enact.
Status: 10/11/2011-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: HB   4542 Referred 12/13/2011
Sponsor: Farrington
Subject: Civil procedure; foreclosure; mortgage modification negotiation procedures; modify.
Status: 12/14/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: HB   4543 Referred 12/13/2011
Sponsor: Pettalia
Subject: Civil procedure; foreclosure; mortgage modification negotiation program procedures; modify.
Status: 12/14/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: HB   4544 Referred 12/13/2011
Sponsor: Lyons
Subject: Civil procedure; foreclosure; redemption period; modify for certain residential and farm property.
Status: 12/14/2011-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: SB   398 Referred 5/24/2011
Sponsor: Green
Subject: Civil procedure; foreclosure; mortgage loan modification negotiation program; extend sunset.
Status:

Bill: SB   513 Referred 6/22/2011
Sponsor: Hunter
Subject: Civil procedure; foreclosure; judicial foreclosure; require for certain residential mortgages.
Status:

Bill: SB   571 Referred 8/24/2011
Sponsor: Hunter
Subject: Property tax; delinquent taxes; bids on foreclosed properties from certain individuals; prohibit under certain circumstances and require registration.
Status: 11/1/2011-REPORTED FAVORABLY WITH RECOMMENDATION FOR REFERRAL TO COMMITTEE ON Finance

Bill: SB   572 Referred 8/24/2011
Sponsor: Hunter
Subject: Property tax; delinquent taxes; procedure for bidding on tax delinquent property; revise.
Status: 11/1/2011-REPORTED FAVORABLY WITH RECOMMENDATION FOR REFERRAL TO COMMITTEE ON Finance

Bill: SB   573 Referred 8/24/2011
Sponsor: Hunter
Subject: Civil procedure; foreclosure; power to foreclose mortgages by advertisement; prohibit if mortgage holder does not participate in help for hardest hit program.
Status:

Bill: SB   604 Referred 9/7/2011
Sponsor: Young
Subject: Financial institutions; banks; written disclosure of rights of account holders; require for joint accounts.
Status: 10/11/2011-REPORTED FAVORABLY WITH RECOMMENDATION FOR REFERRAL TO COMMITTEE ON Families, Seniors and Human Services

Bill: SB   605 Referred 9/7/2011
Sponsor: Bieda
Subject: Financial institutions; savings and loan associations; written disclosure of rights of account holders; require for joint accounts.
Status: 10/11/2011-REPORTED FAVORABLY WITH RECOMMENDATION FOR REFERRAL TO COMMITTEE ON Families, Seniors and Human Services

Bill: HB   4975 Referred 4/17/2012
Sponsor: O'Brien
Subject: Occupations; appraisers; appraisal management companies; regulate.
Status: 6/12/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: SB   690 Referred 9/20/2011
Sponsor: Hunter
Subject: Civil procedure; foreclosure; home mortgage loan modifications; require lender to modify mortgage if borrower meets certain qualifications.
Status:

Bill: SB   705 Referred 10/27/2011
Sponsor: Hunter
Subject: Civil procedure; foreclosure; deficiency judgment; prohibit.
Status:

Bill: SR   85 Referred 10/6/2011
Sponsor: Caswell
Subject: A resolution to memorialize the Congress of the United States to ensure that Fannie Mae and Freddie Mac are regulated in a manner that parallels the regulations governing other financial institutions.
Status: 2/21/2012-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: HB   5081 Referred 1/26/2012
Sponsor: Huuki
Subject: Commercial code; other; general revisions to article 1 of the uniform commercial code; provide for.
Status: 3/13/2012-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: HB   5082 Referred 1/26/2012
Sponsor: Cotter
Subject: Commercial code; warehouse receipts; general revisions to article 7 of the uniform commercial code; provide for.
Status: 3/13/2012-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: HB   5083 Referred 1/26/2012
Sponsor: Lipton
Subject: Commercial code; secured transactions; general revisions to article 9 of the uniform commercial code; provide for.
Status: 3/13/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: SB   860 Referred 12/1/2011
Sponsor: Johnson
Subject: Civil procedure; civil actions; reformation of mortgages; allow if indebtedness exceeds market value of property.
Status:

Bill: SR   105 Referred 12/15/2011
Sponsor: Bieda
Subject: A resolution to memorialize Congress and the U.S. Department of Treasury to restore the option of purchasing U.S. savings bonds in paper form at any time.
Status: 2/21/2012-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: HB   5271 Referred 4/17/2012
Sponsor: O'Brien
Subject: Occupations; appraisers; appraisal management companies; establish registration fees.
Status: 6/12/2012-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: SB   908 Referred 1/25/2012
Sponsor: Booher
Subject: Financial institutions; loan officers; regulation of loan modification activities by sponsored mortgage loan originators; clarify.
Status: 2/21/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: HB   5288 Referred 3/22/2012
Sponsor: Womack
Subject: Higher education; community colleges; investments in certain deposit accounts; authorize.
Status: 5/8/2012-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: HB   5289 Referred 3/22/2012
Sponsor: Ouimet
Subject: Local government; financing; investments in certain deposit accounts; authorize.
Status: 5/8/2012-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: HB   5479 Referred 4/26/2012
Sponsor: Knollenberg
Subject: State financing and management; purchasing; engaging in contracts with companies that have business activities in Iran; prohibit.
Status:

Bill: HB   5480 Referred 4/26/2012
Sponsor: Knollenberg
Subject: State financing and management; purchasing; engaging in certain contracts for services or supplies with companies that have business activities in Iran; prohibit.
Status: 5/15/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: HB   5481 Referred 4/26/2012
Sponsor: Callton
Subject: State financing and management; purchasing; engaging in contracts for construction with companies that have business activities in Iran; prohibit.
Status: 5/15/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: HB   5482 Referred 4/26/2012
Sponsor: Agema
Subject: State financing and management; funds; strategic fund; subject to new Iran economic sanctions act.
Status:

Bill: HB   5483 Referred 4/26/2012
Sponsor: Moss
Subject: Revenue sharing; other; receipt of revenue sharing; subject to compliance with new Iran economic sanctions act.
Status: 5/15/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-2

Bill: HB   5484 Referred 4/26/2012
Sponsor: Haines
Subject: Transportation; funds; receipt of money; subject to compliance with Iran economic sanctions act.
Status: 5/15/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-2

Bill: SB   1024 Referred 3/20/2012
Sponsor: Kahn
Subject: State financing and management; purchasing; engaging in contracts with companies that have business activities in Iran; prohibit.
Status: 5/15/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-3

Bill: SB   1025 Referred 3/20/2012
Sponsor: Pappageorge
Subject: State financing and management; purchasing; engaging in certain contracts for services or supplies with companies that have business activities in Iran; prohibit.
Status:

Bill: SB   1026 Referred 3/20/2012
Sponsor: Marleau
Subject: State financing and management; purchasing; engaging in contracts for construction with companies that have business activities in Iran; prohibit.
Status:

Bill: SB   1027 Referred 3/20/2012
Sponsor: Booher
Subject: State financing and management; funds; strategic fund; subject to new Iran economic sanctions act.
Status: 5/15/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-2

Bill: SB   1028 Referred 3/20/2012
Sponsor: Brandenburg
Subject: Revenue sharing; other; receipt of revenue sharing; subject to compliance with new Iran economic sanctions act.
Status:

Bill: SB   1029 Referred 3/20/2012
Sponsor: Kowall
Subject: Transportation; funds; receipt of money; subject to compliance with Iran economic sanction act.
Status:

Bill: SB   1108 Referred 5/1/2012
Sponsor: Booher
Subject: Businesses; other; business development enterprises; authorize under Michigan BIDCO act.
Status: 5/22/2012-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: SB   1160 Referred 5/31/2012
Sponsor: Casperson
Subject: State financing and management; funds; homeowner protection fund; establish to receive money from consent judgment with mortgage loan servicers.
Status: 6/7/2012-DISCHARGE COMMITTEE APPROVED

Bill: SB   1172 Referred 6/6/2012
Sponsor: Booher
Subject: Civil procedure; foreclosure; mortgage modification negotiation procedures; extend sunset provision.
Status: 9/27/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: SB   1178 Referred 6/12/2012
Sponsor: Booher
Subject: State agencies (existing); licensing and regulatory affairs; appointments to the mortgage industry advisory board; modify.
Status:

Bill: HB   5835 Referred 10/17/2012
Sponsor: Farrington
Subject: Financial institutions; savings and loan associations; savings and loan act of 1980; repeal.
Status: 12/4/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: HB   5836 Referred 10/17/2012
Sponsor: Jenkins
Subject: Financial institutions; savings and loan associations; electronic funds transfer terminal statute; revise citations.
Status: 12/4/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: HB   5837 Referred 10/17/2012
Sponsor: Cotter
Subject: Financial institutions; savings and loan associations; handling and processing food stamps statute; revise citations.
Status: 12/4/2012-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: HB   5838 Referred 10/17/2012
Sponsor: Huuki
Subject: Financial institutions; savings and loan associations; exemption of association shares from levy and sale; revise citation.
Status: 12/4/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: HB   5863 Referred 10/17/2012
Sponsor: Franz
Subject: Financial institutions; savings and loan associations; motor vehicle sales finance statute; revise citation.
Status: 12/4/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1

Bill: SB   1281 Referred 9/19/2012
Sponsor: Booher
Subject: Labor; hours and wages; definition of payroll debit card; revise permitted issuers.
Status: 9/27/2012-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: SB   1282 Referred 9/19/2012
Sponsor: Booher
Subject: Financial institutions; generally; deposit of stolen property in certain depository institutions; limit availability of treble damages under revised judicature act
Status:

Bill: SB   1285 Referred 9/19/2012
Sponsor: Marleau
Subject: Consumer credit; predatory lending; mortgage loan subject to mortgage lending practices statute; modify.
Status: 9/27/2012-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: SB   1283 Referred 9/19/2012
Sponsor: Green
Subject: Financial institutions; mortgage brokers and lenders; mortgage loans to which mortgage brokers, lenders, and servicers licensing act apply; revise.
Status: 9/27/2012-REPORTED FAVORABLY WITHOUT AMENDMENT

Bill: SB   1284 Referred 9/19/2012
Sponsor: Nofs
Subject: Consumer credit; predatory lending; application of consumer mortgage protection act to certain mortgage transactions; modify.
Status: 9/27/2012-REPORTED FAVORABLY WITHOUT AMENDMENT