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Financial Institutions

2016 Senate Bill 748 / Public Act 175

Expand bank examiner authority, provide revenue stream

Introduced by Sen. Darwin Booher (R-35) on Feb. 4, 2016
Passed 36 to 1 in the Senate on March 9, 2016
Passed 105 to 4 in the House on May 18, 2016
Signed by Gov. Rick Snyder on June 12, 2016

2015 Senate Bill 607 / 2016 Public Act 140

Revise payday lenders repayment details

Introduced by Sen. Darwin Booher (R-35) on Nov. 5, 2015
Passed 37 to 0 in the Senate on Feb. 4, 2016
Passed 107 to 1 in the House on May 12, 2016
Passed 37 to 0 in the Senate on May 17, 2016
Signed by Gov. Rick Snyder on May 25, 2016

2016 Senate Bill 719 / Public Act 141

Revise payday lenders repayment details

Introduced by Sen. Darwin Booher (R-35) on Jan. 26, 2016
Passed 37 to 0 in the Senate on Feb. 4, 2016
Passed 107 to 1 in the House on May 12, 2016
Signed by Gov. Rick Snyder on May 25, 2016

2016 Senate Bill 751

Permit bank loan raffles

Introduced by Sen. Margaret O’Brien (R-20) on Feb. 4, 2016
Passed 37 to 0 in the Senate on March 9, 2016

2015 Senate Bill 578 / 2016 Public Act 44

Revise home mortgage lender requirements

Introduced by Sen. Darwin Booher (R-35) on Oct. 22, 2015
Passed 38 to 0 in the Senate on Dec. 10, 2015
Passed 96 to 10 in the House on Feb. 23, 2016
Passed 93 to 13 in the House on Feb. 23, 2016
Passed 36 to 0 in the Senate on Feb. 24, 2016
Signed by Gov. Rick Snyder on March 15, 2016

2015 House Bill 5147

Permit bank and credit union loan raffles

Introduced by Rep. Anthony Forlini (R-24) on Dec. 10, 2015
Passed 105 to 1 in the House on Feb. 10, 2016

2014 Senate Bill 1087 / Public Act 421

Exempt delinquent mortgage "work-out" advisors from licensure

Introduced by Sen. Darwin Booher (R-35) on Sept. 23, 2014
Passed 36 to 0 in the Senate on Nov. 12, 2014
Passed 107 to 1 in the House on Dec. 16, 2014
Signed by Gov. Rick Snyder on Dec. 27, 2014

2014 House Bill 5413 / Public Act 400

Allow state bank savings promotion raffles

Introduced by Rep. Nancy Jenkins (R-57) on March 18, 2014
Passed 108 to 1 in the House on Sept. 24, 2014
Passed 36 to 2 in the Senate on Dec. 15, 2014
Signed by Gov. Rick Snyder on Dec. 24, 2014

2014 House Bill 5412 / Public Act 399

Allow state bank savings promotion raffles

Introduced by Rep. Nancy Jenkins (R-57) on March 18, 2014
Passed 108 to 1 in the House on Sept. 24, 2014
Passed 37 to 1 in the Senate on Dec. 15, 2014
Signed by Gov. Rick Snyder on Dec. 24, 2014

2013 House Bill 5053 / Public Act 215

Clarify cash register “zapper” crime jurisdiction

Introduced by Rep. Ellen Lipton (D-27) on Oct. 3, 2013
Passed 109 to 0 in the House on Nov. 7, 2013
Passed 38 to 0 in the Senate on Dec. 12, 2013
Passed 109 to 0 in the House on Dec. 12, 2013
Signed by Gov. Rick Snyder on Dec. 21, 2013

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