SENATE COMMITTEE ON BANKING AND FINANCIAL INSTITUTIONS
| 2011-2012 Session |
Friday, December 28, 2012 |
| Bill/Resolution | Sponsor | Subject | Status |
| SB 43 Referred 1/19/2011 |
Hunter | Consumer credit; lending practices; crime of residential mortgage fraud; establish. | 5/4/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| SB 44 Referred 1/19/2011 |
Hunter | Criminal procedure; sentencing guidelines; sentencing guidelines for crime of mortgage fraud; enact. | 5/4/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| SB 84 Referred 1/27/2011 |
Whitmer | Financial institutions; banks; overdraft fees; regulate. | |
| SB 85 Referred 1/27/2011 |
Whitmer | Financial institutions; savings and loan associations; overdraft fees; regulate. | |
| SB 86 Referred 1/27/2011 |
Whitmer | Financial institutions; savings banks; overdraft fees; regulate. | |
| SR 14 Referred 2/9/2011 |
Booher | 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. | 2/15/2011-REPORTED FAVORABLY WITHOUT AMENDMENT |
| SB 249 Referred 3/9/2011 |
Booher | Crimes; fraud; value thresholds for crime of false pretenses; revise. | 5/4/2011-REPORTED FAVORABLY WITHOUT AMENDMENT |
| SB 250 Referred 3/9/2011 |
Booher | Criminal procedure; sentencing guidelines; sentencing guidelines for crime of false pretenses; revise to reflect increased penalties. | 5/4/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| SB 251 Referred 3/9/2011 |
Nofs | Criminal procedure; statute of limitations; certain crimes relating to real property; revise statute of limitations. | 5/4/2011-REPORTED FAVORABLY WITHOUT AMENDMENT |
| SB 252 Referred 3/9/2011 |
Marleau | Occupations; notaries public; penalties for notary public violations; increase. | 5/4/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-3 |
| SB 253 Referred 3/9/2011 |
Gleason | Criminal procedure; sentencing guidelines; sentencing guidelines for notary public violations; enact. | 5/4/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| HB 4462 Referred 10/6/2011 |
Knollenberg | Crimes; forgery; forging or uttering and publishing a real estate document; prohibit, and provide for penalties and remedies. | 10/11/2011-REPORTED FAVORABLY WITHOUT AMENDMENT |
| HB 4478 Referred 10/6/2011 |
Lyons | Criminal procedure; sentencing guidelines; sentencing guidelines for forgery and uttering and publishing of real estate instruments; enact. | 10/11/2011-REPORTED FAVORABLY WITHOUT AMENDMENT |
| HB 4492 Referred 10/6/2011 |
Tlaib | Criminal procedure; sentencing guidelines; sentencing guidelines for notary public violations; enact. | 10/11/2011-REPORTED FAVORABLY WITHOUT AMENDMENT |
| HB 4542 Referred 12/13/2011 |
Farrington | Civil procedure; foreclosure; mortgage modification negotiation procedures; modify. | 12/14/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| HB 4543 Referred 12/13/2011 |
Pettalia | Civil procedure; foreclosure; mortgage modification negotiation program procedures; modify. | 12/14/2011-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| HB 4544 Referred 12/13/2011 |
Lyons | Civil procedure; foreclosure; redemption period; modify for certain residential and farm property. | 12/14/2011-REPORTED FAVORABLY WITHOUT AMENDMENT |
| SB 398 Referred 5/24/2011 |
Green | Civil procedure; foreclosure; mortgage loan modification negotiation program; extend sunset. | |
| SB 513 Referred 6/22/2011 |
Hunter | Civil procedure; foreclosure; judicial foreclosure; require for certain residential mortgages. | |
| SB 571 Referred 8/24/2011 |
Hunter | Property tax; delinquent taxes; bids on foreclosed properties from certain individuals; prohibit under certain circumstances and require registration. | 11/1/2011-REPORTED FAVORABLY WITH RECOMMENDATION FOR REFERRAL TO COMMITTEE ON Finance |
| SB 572 Referred 8/24/2011 |
Hunter | Property tax; delinquent taxes; procedure for bidding on tax delinquent property; revise. | 11/1/2011-REPORTED FAVORABLY WITH RECOMMENDATION FOR REFERRAL TO COMMITTEE ON Finance |
| SB 573 Referred 8/24/2011 |
Hunter | Civil procedure; foreclosure; power to foreclose mortgages by advertisement; prohibit if mortgage holder does not participate in help for hardest hit program. | |
| SB 604 Referred 9/7/2011 |
Young | Financial institutions; banks; written disclosure of rights of account holders; require for joint accounts. | 10/11/2011-REPORTED FAVORABLY WITH RECOMMENDATION FOR REFERRAL TO COMMITTEE ON Families, Seniors and Human Services |
| SB 605 Referred 9/7/2011 |
Bieda | Financial institutions; savings and loan associations; written disclosure of rights of account holders; require for joint accounts. | 10/11/2011-REPORTED FAVORABLY WITH RECOMMENDATION FOR REFERRAL TO COMMITTEE ON Families, Seniors and Human Services |
| HB 4975 Referred 4/17/2012 |
O'Brien | Occupations; appraisers; appraisal management companies; regulate. | 6/12/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| SB 690 Referred 9/20/2011 |
Hunter | Civil procedure; foreclosure; home mortgage loan modifications; require lender to modify mortgage if borrower meets certain qualifications. | |
| SB 705 Referred 10/27/2011 |
Hunter | Civil procedure; foreclosure; deficiency judgment; prohibit. | |
| SR 85 Referred 10/6/2011 |
Caswell | 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. | 2/21/2012-REPORTED FAVORABLY WITHOUT AMENDMENT |
| HB 5081 Referred 1/26/2012 |
Huuki | Commercial code; other; general revisions to article 1 of the uniform commercial code; provide for. | 3/13/2012-REPORTED FAVORABLY WITHOUT AMENDMENT |
| HB 5082 Referred 1/26/2012 |
Cotter | Commercial code; warehouse receipts; general revisions to article 7 of the uniform commercial code; provide for. | 3/13/2012-REPORTED FAVORABLY WITHOUT AMENDMENT |
| HB 5083 Referred 1/26/2012 |
Lipton | Commercial code; secured transactions; general revisions to article 9 of the uniform commercial code; provide for. | 3/13/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| SB 860 Referred 12/1/2011 |
Johnson | Civil procedure; civil actions; reformation of mortgages; allow if indebtedness exceeds market value of property. | |
| SR 105 Referred 12/15/2011 |
Bieda | 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. | 2/21/2012-REPORTED FAVORABLY WITHOUT AMENDMENT |
| HB 5271 Referred 4/17/2012 |
O'Brien | Occupations; appraisers; appraisal management companies; establish registration fees. | 6/12/2012-REPORTED FAVORABLY WITHOUT AMENDMENT |
| SB 908 Referred 1/25/2012 |
Booher | Financial institutions; loan officers; regulation of loan modification activities by sponsored mortgage loan originators; clarify. | 2/21/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| HB 5288 Referred 3/22/2012 |
Womack | Higher education; community colleges; investments in certain deposit accounts; authorize. | 5/8/2012-REPORTED FAVORABLY WITHOUT AMENDMENT |
| HB 5289 Referred 3/22/2012 |
Ouimet | Local government; financing; investments in certain deposit accounts; authorize. | 5/8/2012-REPORTED FAVORABLY WITHOUT AMENDMENT |
| HB 5479 Referred 4/26/2012 |
Knollenberg | State financing and management; purchasing; engaging in contracts with companies that have business activities in Iran; prohibit. | |
| HB 5480 Referred 4/26/2012 |
Knollenberg | State financing and management; purchasing; engaging in certain contracts for services or supplies with companies that have business activities in Iran; prohibit. | 5/15/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| HB 5481 Referred 4/26/2012 |
Callton | State financing and management; purchasing; engaging in contracts for construction with companies that have business activities in Iran; prohibit. | 5/15/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| HB 5482 Referred 4/26/2012 |
Agema | State financing and management; funds; strategic fund; subject to new Iran economic sanctions act. | |
| HB 5483 Referred 4/26/2012 |
Moss | Revenue sharing; other; receipt of revenue sharing; subject to compliance with new Iran economic sanctions act. | 5/15/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-2 |
| HB 5484 Referred 4/26/2012 |
Haines | Transportation; funds; receipt of money; subject to compliance with Iran economic sanctions act. | 5/15/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-2 |
| SB 1024 Referred 3/20/2012 |
Kahn | State financing and management; purchasing; engaging in contracts with companies that have business activities in Iran; prohibit. | 5/15/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-3 |
| SB 1025 Referred 3/20/2012 |
Pappageorge | State financing and management; purchasing; engaging in certain contracts for services or supplies with companies that have business activities in Iran; prohibit. | |
| SB 1026 Referred 3/20/2012 |
Marleau | State financing and management; purchasing; engaging in contracts for construction with companies that have business activities in Iran; prohibit. | |
| SB 1027 Referred 3/20/2012 |
Booher | State financing and management; funds; strategic fund; subject to new Iran economic sanctions act. | 5/15/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-2 |
| SB 1028 Referred 3/20/2012 |
Brandenburg | Revenue sharing; other; receipt of revenue sharing; subject to compliance with new Iran economic sanctions act. | |
| SB 1029 Referred 3/20/2012 |
Kowall | Transportation; funds; receipt of money; subject to compliance with Iran economic sanction act. | |
| SB 1108 Referred 5/1/2012 |
Booher | Businesses; other; business development enterprises; authorize under Michigan BIDCO act. | 5/22/2012-REPORTED FAVORABLY WITHOUT AMENDMENT |
| SB 1160 Referred 5/31/2012 |
Casperson | State financing and management; funds; homeowner protection fund; establish to receive money from consent judgment with mortgage loan servicers. | 6/7/2012-DISCHARGE COMMITTEE APPROVED |
| SB 1172 Referred 6/6/2012 |
Booher | Civil procedure; foreclosure; mortgage modification negotiation procedures; extend sunset provision. | 9/27/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| SB 1178 Referred 6/12/2012 |
Booher | State agencies (existing); licensing and regulatory affairs; appointments to the mortgage industry advisory board; modify. | |
| HB 5835 Referred 10/17/2012 |
Farrington | Financial institutions; savings and loan associations; savings and loan act of 1980; repeal. | 12/4/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| HB 5836 Referred 10/17/2012 |
Jenkins | Financial institutions; savings and loan associations; electronic funds transfer terminal statute; revise citations. | 12/4/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| HB 5837 Referred 10/17/2012 |
Cotter | Financial institutions; savings and loan associations; handling and processing food stamps statute; revise citations. | 12/4/2012-REPORTED FAVORABLY WITHOUT AMENDMENT |
| HB 5838 Referred 10/17/2012 |
Huuki | Financial institutions; savings and loan associations; exemption of association shares from levy and sale; revise citation. | 12/4/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| HB 5863 Referred 10/17/2012 |
Franz | Financial institutions; savings and loan associations; motor vehicle sales finance statute; revise citation. | 12/4/2012-REPORTED FAVORABLY WITH SUBSTITUTE S-1 |
| SB 1281 Referred 9/19/2012 |
Booher | Labor; hours and wages; definition of payroll debit card; revise permitted issuers. | 9/27/2012-REPORTED FAVORABLY WITHOUT AMENDMENT |
| SB 1282 Referred 9/19/2012 |
Booher | Financial institutions; generally; deposit of stolen property in certain depository institutions; limit availability of treble damages under revised judicature act | |
| SB 1285 Referred 9/19/2012 |
Marleau | Consumer credit; predatory lending; mortgage loan subject to mortgage lending practices statute; modify. | 9/27/2012-REPORTED FAVORABLY WITHOUT AMENDMENT |
| SB 1283 Referred 9/19/2012 |
Green | Financial institutions; mortgage brokers and lenders; mortgage loans to which mortgage brokers, lenders, and servicers licensing act apply; revise. | 9/27/2012-REPORTED FAVORABLY WITHOUT AMENDMENT |
| SB 1284 Referred 9/19/2012 |
Nofs | Consumer credit; predatory lending; application of consumer mortgage protection act to certain mortgage transactions; modify. | 9/27/2012-REPORTED FAVORABLY WITHOUT AMENDMENT |