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Michigan Legislature
Michigan Compiled Laws Complete Through PA 48 of 2019
House: Adjourned until Tuesday, October 15, 2019 1:30:00 PM
Senate: Adjourned until Tuesday, October 15, 2019 10:00:00 AM


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FINANCIAL SERVICES
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Committee Home Page: Financial Services
Chair: Diana Farrington
Clerk Phone: 5173730910
Click for a list of only bills that are currently in committee.

All bills ever referred to this committee.
Bill/ResolutionCommitteeSponsorSubject
HB 4102 of 2019Financial Services
Marino, SteveCrimes; animals; crimes involving dog fighting; include other thing of value in prohibition on profiting from dog fights. Amends sec. 49 of 1931 PA 328 (MCL 750.49).
HB 4103 of 2019Financial Services
Guerra, VanessaCrimes; credit cards; crimes involving credit cards; include cryptocurrency and distributed ledger technology in definition section of credit chapter in penal code. Amends sec. 157m of 1931 PA 328 (MCL 750.157m).
HB 4104 of 2019Financial Services
LaFave, BeauCrimes; organized; crimes involving racketeering; include money, property, or any other thing of value in description of financial gain from racketeering. Amends sec. 159g of 1931 PA 328 (MCL 750.159g).
HB 4105 of 2019Financial Services
Berman, RyanCrimes; embezzlement; crimes involving embezzlement; include cryptocurrency in definitions in embezzlement section in penal code. Amends sec. 174 of 1931 PA 328 (MCL 750.174).
HB 4106 of 2019Financial Services
Wittenberg, RobertCrimes; forgery; crimes involving forgery and counterfeiting; include altering a record by use of distributed ledger technology. Amends sec. 248 of 1931 PA 328 (MCL 750.248).
HB 4107 of 2019Financial Services
Farrington, DianaCrimes; definitions; definition of cryptocurrency in money laundering definition section of penal code; provide for. Amends sec. 411j of 1931 PA 328 (MCL 750.411j).
HB 4117 of 2019Financial Services
Anthony, SarahLabor; fair employment practices; use of credit history in the hiring process; prohibit. Creates new act.
HB 4186 of 2019Financial Services
Farrington, DianaTrade; data security; enactment of data breach notification act; make conforming changes to identity theft protection act. Amends sec. 4 of 2004 PA 452 (MCL 445.64). TIE BAR WITH: HB 4187'19
HB 4187 of 2019Financial Services
Farrington, DianaTrade; data security; data breach notification act; enact. Creates new act. TIE BAR WITH: HB 4186'19
HB 4226 of 2019Financial Services
Berman, RyanProperty; mortgages; fee assessed by foreclosure sale purchasers to calculate redemption amount; provide cap. Amends sec. 3240 of 1961 PA 236 (MCL 600.3240).
HB 4251 of 2019Financial Services
Sowerby, WilliamFinancial institutions; payday lending; deferred presentment service transactions that charge service fees greater than an annual rate of 36%; prohibit. Amends secs. 33 & 40 of 2005 PA 244 (MCL 487.2153 & 487.2160).
HB 4274 of 2019Financial Services
Marino, SteveRetirement; public school employees; annuity option; expand. Amends sec. 127 of 1980 PA 300 (MCL 38.1427).
HB 4275 of 2019Financial Services
Albert, ThomasRetirement; state employees; annuity option; provide for. Amends sec. 58 of 1943 PA 240 (MCL 38.58).
HB 4679 of 2019Financial Services
Reilly, JohnHousing; housing development authority; requirement of United States citizenship or permanent resident status for loan eligibility under the state housing development authority act of 1966; provide for. Amends 1966 PA 346 (MCL 125.1401 - 125.1499c) by adding sec. 44h.
HB 4908 of 2019Financial Services
Whitsett, KarenState financing and management; bonds; limitation on the aggregate cap on outstanding bonds; increase. Amends sec. 32 of 1966 PA 346 (MCL 125.1432).
HB 5084 of 2019Financial Services
Farrington, DianaFinancial institutions; loan officers; mortgage loan originator licensing grace period during certain changes in occupational circumstances; provide for. Amends secs. 3 & 5 of 2009 PA 75 (MCL 493.133 & 493.135) & adds secs. 5a & 5b.
HR 0101 of 2019Financial Services
Rabhi, YousefA resolution to urge the U.S. Congress to enact legislation preventing federal regulators from sanctioning depository institutions for providing financial services to legitimate marijuana-related businesses in states where marijuana has been legalized.

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