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Financial Institutions

2007 House Bill 5050

Require bank account disclosure by certain child support payers

Introduced by Rep. John Stakoe (R-44) on July 24, 2007

2007 Senate Bill 290 / Public Act 46

Exempt leased employee from secondary mortgage broker licensure

Introduced by Sen. Randy Richardville (R-17) on Feb. 28, 2007
Passed 36 to 0 in the Senate on March 14, 2007
Passed 109 to 0 in the House on June 28, 2007
Signed by Gov. Jennifer Granholm on July 17, 2007

2007 Senate Bill 627

Establish Medicaid “estate recovery preservation fund”

Introduced by Sen. Deborah Cherry (D-26) on June 28, 2007

2007 House Bill 4911

Cap credit card interest rates at 15 percent

Introduced by Rep. Coleman Young II (D-4) on June 12, 2007

2007 Senate Bill 432

Prohibit appraisers inflating appraisal for pay

Introduced by Sen. Randy Richardville (R-17) on April 24, 2007
Passed 38 to 0 in the Senate on May 2, 2007

2007 House Bill 4701

Increase allowable pawnbroker interest rate

Introduced by Rep. Virgil Smith (D-7) on May 2, 2007

2007 Senate Bill 454

Lower payday loan cap for military borrowers

Introduced by Sen. Dennis Olshove (D-9) on April 26, 2007

2007 Senate Bill 384

Allow fee for electronic payment of home equity loan

Introduced by Sen. Randy Richardville (R-17) on March 28, 2007

2007 House Bill 4411

Establish specific mortgage fraud crime

Introduced by Rep. John Pastor (R-19) on March 6, 2007

2007 House Bill 4409

Establish specific mortgage fraud crime

Introduced by Rep. Fran Amos (R-43) on March 6, 2007

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