2013 Senate Bill 19 / Public Act 14

Revise mortgage licensure law detail

Introduced in the Senate

Jan. 16, 2013

Introduced by Sen. Darwin Booher (R-35)

To revise details of the selection of representatives of the mortgage industry for a government “mortgage industry advisory board” that advises a state "commissioner of the office of financial and insurance regulation," but does not itself have any regulatory authority.

Referred to the Committee on Banking and Financial Institutions

Feb. 12, 2013

Reported without amendment

With the recommendation that the bill pass.

Feb. 20, 2013

Passed in the Senate 36 to 0 (details)

Received in the House

Feb. 20, 2013

Referred to the Committee on Financial Services

March 6, 2013

Reported without amendment

Without amendment and with the recommendation that the bill pass.

March 20, 2013

Passed in the House 109 to 1 (details)

To revise details of the selection of representatives of the mortgage industry for a government “mortgage industry advisory board” that advises a state "commissioner of the office of financial and insurance regulation," but does not itself have any regulatory authority.

Signed by Gov. Rick Snyder

April 16, 2013