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Financial Institutions

2017 Senate Bill 729 / 2018 Public Act 573

Exempt gift cards from money transmission service regulations

Introduced by Sen. Margaret O’Brien (R-20) on Dec. 13, 2017
Passed 36 to 0 in the Senate on May 8, 2018
Passed 35 to 0 in the Senate on May 10, 2018
Passed 107 to 2 in the House on Dec. 21, 2018
Passed 38 to 0 in the Senate on Dec. 21, 2018
Signed by Gov. Rick Snyder on Dec. 28, 2018

2017 Senate Bill 728

Clarify state credit card regulations

Introduced by Sen. Peter MacGregor (R-28) on Dec. 13, 2017
Passed 36 to 0 in the Senate on May 8, 2018
Passed 92 to 17 in the House on Dec. 21, 2018
Vetoed by Gov. Rick Snyder on Dec. 27, 2018

2017 Senate Bill 238 / Public Act 171

Cap home lender referral fee

Introduced by Sen. Darwin Booher (R-35) on March 15, 2017
Passed 32 to 5 in the Senate on May 16, 2017
Passed 72 to 35 in the House on Nov. 7, 2017
Signed by Gov. Rick Snyder on Nov. 20, 2017

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

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