2007 House Bill 5272 - Michigan Votes

Legislation watch

2007 House Bill 5272

Comments on this legislation Post new comment Text and Analysis Add to Watch List
Previous Next

Introduced by Rep. Shanelle Jackson (D) on September 28, 2007, Authorize sub-prime loan regulation by local governments to give local governments the same authority the state has to regulate sub-prime home loans. The state law was adopted in 2002.
- Referred to the House Banking and Financial Services Committee on September 28, 2007.

Most Recent Comments

Add Comment

1) Clerk by Anonymous Citizen on October 4, 2007
Why on earth would townships want to be involved in regulating the sub-prime rate; that seems to be way above thier scope of responsibility.
Reply

Line

2) Why On Earth by Anonymous Citizen on October 4, 2007
do we need to "give local governments the same authority the state has"
on anything. These guys can't cut money out of the budget but come up with this crap?
Reply

Line

3) Yes we certainly need more regulation by Anonymous Citizen on October 4, 2007
With all the talk about taxes I think we need to remember that over regulation is killing Michigan as much if not more than the high taxes. If I could sell my business I would.
Reply

Line

View Full Conversation