2015 Senate Bill 578 / 2016 Public Act 44

Revise home mortgage lender requirements

Introduced in the Senate

Oct. 22, 2015

Introduced by Sen. Darwin Booher (R-35)

To replace a particular declaration required by a law that regulates and restricts home mortgage providers, with a booklet specified in the federal regulation this requirement is based on.

Referred to the Committee on Banking and Financial Institutions

Dec. 1, 2015

Reported without amendment

With the recommendation that the bill pass.

Dec. 9, 2015

Amendment offered

The amendment passed by voice vote

Dec. 10, 2015

Passed in the Senate 38 to 0 (details)

Received in the House

Dec. 10, 2015

Referred to the Committee on Financial Services

Feb. 10, 2016

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Feb. 23, 2016

Passed in the House 96 to 10 (details)

Motion to reconsider by Rep. Aric Nesbitt (R-66)

The vote by which the House passed the bill.

The motion passed by voice vote

Received

Passed in the House 93 to 13 (details)

Received in the Senate

Feb. 24, 2016

Passed in the Senate 36 to 0 (details)

Signed by Gov. Rick Snyder

March 15, 2016