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Michigan Legislature
Michigan Compiled Laws Complete Through PA 30 of 2020
House: Adjourned until Tuesday, February 25, 2020 1:30:00 PM
Senate: Adjourned until Tuesday, February 25, 2020 10:00:00 AM


Michigan Legislature

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FINANCIAL SERVICES
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Committee Home Page: Financial Services
Chair: Diana Farrington
Clerk Phone: 5173730910
Click for list of all bills that have ever been referred to this committee.

Bills currently in committee.
Bill/ResolutionCommitteeSponsorSubject
HB 4117 of 2019
Financial Services
Anthony, SarahLabor; fair employment practices; use of credit history in the hiring process; prohibit. Creates new act.
HB 4251 of 2019
Financial 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 4679 of 2019
Financial 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 5131 of 2019
Financial Services
Witwer, AngelaOccupations; securities; notification of suspected cases of financial exploitation of certain adults by broker-dealers and investment advisors; allow. Amends title of 2008 PA 551 (MCL 451.2101 - 451.2703) & adds art. 5A.
HB 5481 of 2020
Financial Services
Farrington, DianaOccupations; appraisers; appraisal management company requirements; modify. Amends secs. 2661, 2663, 2665, 2667, 2673 & 2677 of 1980 PA 299 (MCL 339.2661 et seq.) & adds sec. 2670.
SB 0415 of 2019
Financial Services
Nesbitt, AricFinancial institutions; credit cards; credit card arrangements act; modify definitions and update title. Amends title & sec. 1 of 1984 PA 379 (MCL 493.101).

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