2001 Senate Bill 779 / 2002 Public Act 393

Introduced in the Senate

Oct. 23, 2001

Introduced by Sen. Glenn Steil (R-30)

To require that the lending license of an individual who commits fraud must be revoked for at least five years.

Referred to the Committee on Banking and Financial Institutions

Oct. 31, 2001

Substitute offered

To recommend modifications to language contained in the bill resulting from committee testimony and deliberation.

The substitute passed by voice vote

Nov. 1, 2001

Passed in the Senate 35 to 0 (details)

To require that the lending business license of an individual who commits fraud in the provision of consumer loans must be revoked for at least five years. The bill is part of a legislative package comprised of Senate Bills 776 to 780.

Received in the House

Nov. 1, 2001

May 8, 2002

Substitute offered by Rep. Jason Allen (R-104)

To replace the previous version of the bill with a version recommended by the committee which reported it. The substitute incorporates technical changes resulting from committee testimony and deliberation. These changes do not affect the substance of the bill as previously described.

The substitute passed by voice vote

May 9, 2002

Passed in the House 106 to 0 (details)

Received in the Senate

May 9, 2002

To require that the lending business license of an individual who commits fraud in the provision of consumer loans must be revoked for at least five years. The bill is part of a legislative package comprised of Senate Bills 776 to 780.

May 16, 2002

Passed in the Senate 36 to 0 (details)

To concur with the House-passed version of the bill.

Received in the House

May 16, 2002

Signed by Gov. John Engler

May 29, 2002