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2015-2016
Financial Institutions

2016 Senate Bill 1056

Clarify retail money transmission service law’s scope

Introduced by Sen. Margaret O’Brien (R-20) on Sept. 7, 2016
Passed 36 to 0 in the Senate on Dec. 1, 2016

2016 Senate Bill 1055

Revise consumer credit card regulation details

Introduced by Sen. Peter MacGregor (R-28) on Sept. 7, 2016
Passed 36 to 0 in the Senate on Dec. 1, 2016

2015 House Bill 5022 / 2016 Public Act 157

Revise credit union law

Introduced by Rep. Leslie Love (D-10) on Oct. 27, 2015
Passed 104 to 1 in the House on Dec. 9, 2015
Passed 37 to 0 in the Senate on May 18, 2016
Passed 107 to 2 in the House on May 31, 2016
Signed by Gov. Rick Snyder on June 8, 2016

2015 House Bill 5021 / 2016 Public Act 156

Revise credit union law

Introduced by Rep. Tom Barrett (R-71) on Oct. 27, 2015
Passed 105 to 1 in the House on Dec. 9, 2015
Passed 37 to 0 in the Senate on May 18, 2016
Passed 109 to 0 in the House on May 31, 2016
Signed by Gov. Rick Snyder on June 8, 2016

2015 House Bill 5020 / 2016 Public Act 155

Revise credit union law

Introduced by Rep. Lana Theis (R-42) on Oct. 27, 2015
Passed 105 to 1 in the House on Dec. 9, 2015
Passed 37 to 0 in the Senate on May 18, 2016
Passed 109 to 0 in the House on May 31, 2016
Signed by Gov. Rick Snyder on June 8, 2016

2015 House Bill 5019 / 2016 Public Act 154

Revise credit union law

Introduced by Rep. Paul D. Clemente (D-14) on Oct. 27, 2015
Passed 89 to 17 in the House on Dec. 9, 2015
Passed 37 to 0 in the Senate on May 18, 2016
Passed 109 to 0 in the House on May 31, 2016
Signed by Gov. Rick Snyder on June 8, 2016

2015 House Bill 5018 / 2016 Public Act 153

Revise credit union law

Introduced by Rep. Peter Pettalia (R-106) on Oct. 27, 2015
Passed 105 to 1 in the House on Dec. 9, 2015
Passed 37 to 0 in the Senate on May 18, 2016
Passed 109 to 0 in the House on May 31, 2016
Signed by Gov. Rick Snyder on June 8, 2016

2015 House Bill 5017 / 2016 Public Act 152

Revise credit union law

Introduced by Rep. Anthony Forlini (R-24) on Oct. 27, 2015
Passed 104 to 2 in the House on Dec. 9, 2015
Passed 37 to 0 in the Senate on May 18, 2016
Passed 109 to 0 in the House on May 31, 2016
Signed by Gov. Rick Snyder on June 8, 2016

2016 Senate Bill 752 / Public Act 163

Permit bank loan raffles

Introduced by Sen. Peter MacGregor (R-28) on Feb. 4, 2016
Passed 37 to 0 in the Senate on March 9, 2016
Passed 105 to 4 in the House on May 18, 2016
Passed 37 to 0 in the Senate on May 24, 2016
Signed by Gov. Rick Snyder on June 8, 2016

2016 House Bill 5251 / Public Act 162

Permit bank loan raffles

Introduced by Rep. Brandt Iden (R-61) on Jan. 26, 2016
Passed 104 to 2 in the House on Feb. 10, 2016
Passed 37 to 0 in the Senate on May 18, 2016
Passed 106 to 3 in the House on May 19, 2016
Signed by Gov. Rick Snyder on June 8, 2016

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