Senate Bill 343 of 2007 (Public Act 530 of 2008)

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Financial institutions; mortgage brokers and lenders; coercing or inducing appraisers to inflate value of real property offered as collateral for secondary mortgage loan; prohibit loan origination without secondary loan officer registration. Amends sec. 27 of 1981 PA 125 (MCL 493.77). TIE BAR WITH: HB 4054'07, HB 6148'08, SB 0356'07

Documents

Bill Document Formatting Information
Senate Introduced Bill
Introduced bills appear as they were introduced and reflect no subsequent amendments or changes
As Passed by the Senate
The As Passed by the Senate version is the bill, as introduced, that includes any adoped Senate amendments
As Passed by the House
The As Passed by the House version is the bill, as introduced, that includes any adoped House amendments
Senate Concurred Bill
The Concurred Bill is the version passed in identical form by both houses of the Legislature, issues prior to availability of the Enrolled Bill
Public Act
A Public Act is a bill that has become law

Analysis

Senate Fiscal Agency Analysis

COMMITTEE SUMMARY (3-27-07)
This document analyzes SB0342, SB0343, SB0356
FLOOR ANALYSIS (5-1-07)
This document analyzes SB0342, SB0343
FIRST ANALYSIS (4-9-07)
This document analyzes SB0342, SB0343, SB0356
SECOND ANALYSIS (5-11-07)
This document analyzes SB0342, SB0343, SB0356, SB0432

House Fiscal Agency Analysis

Committee Summary (05-23-08)
This document analyzes HB4054, HB6148, SB0343, SB0356
Analysis as Reported from Committee (06-03-08)
This document analyzes HB4054, HB6148, SB0343, SB0356

History

(House actions in lowercase, Senate actions in UPPERCASE)
Note: A page number of 0 indicates that the page number is coming soon
Date Journal Action
3/07/2007 SJ 20 Pg. 251 REFERRED TO COMMITTEE ON BANKING AND FINANCIAL INSTITUTIONS
3/29/2007 SJ 30 Pg. 408 REPORTED FAVORABLY WITH SUBSTITUTE S-1
3/29/2007 SJ 30 Pg. 408 COMMITTEE RECOMMENDED IMMEDIATE EFFECT
3/29/2007 SJ 30 Pg. 408 REFERRED TO COMMITTEE OF THE WHOLE WITH SUBSTITUTE S-1
5/01/2007 SJ 39 Pg. 526 REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE S-2
5/01/2007 SJ 39 Pg. 526 SUBSTITUTE S-2 CONCURRED IN
5/01/2007 SJ 39 Pg. 526 PLACED ON ORDER OF THIRD READING WITH SUBSTITUTE S-2
5/02/2007 SJ 40 Pg. 542 PASSED ROLL CALL # 79 YEAS 38 NAYS 0 EXCUSED 0 NOT VOTING 0
5/02/2007 HJ 42 Pg. 582 received on 05/02/2007
5/02/2007 HJ 42 Pg. 605 read a first time
5/02/2007 HJ 42 Pg. 605 referred to Committee on Banking and Financial Services
5/27/2008 HJ 51 Pg. 1168 reported with recommendation with substitute H-1
5/27/2008 HJ 51 Pg. 1168 referred to second reading
12/18/2008 HJ 94 Pg. 3125 read a second time
12/18/2008 HJ 94 Pg. 3125 substitute H-1 not adopted
12/18/2008 HJ 94 Pg. 3125 substitute H-2 adopted and amended
12/18/2008 HJ 94 Pg. 3125 placed on third reading
12/18/2008 HJ 94 Pg. 3125 placed on immediate passage
12/18/2008 HJ 94 Pg. 3125 read a third time
12/18/2008 HJ 94 Pg. 3125 passed; given immediate effect Roll Call # 1120 Yeas 108 Nays 0
12/18/2008 HJ 94 Pg. 3125 inserted full title
12/18/2008 HJ 94 Pg. 3125 returned to Senate
12/19/2008 SJ 94 Pg. 2662 HOUSE INSERTED FULL TITLE
12/19/2008 SJ 94 Pg. 2662 HOUSE SUBSTITUTE H-2 CONCURRED IN
12/19/2008 SJ 94 Pg. 2662 ROLL CALL # 939 YEAS 36 NAYS 0 EXCUSED 2 NOT VOTING 0
12/19/2008 SJ 94 Pg. 2662 GIVEN IMMEDIATE EFFECT
12/19/2008 SJ 94 Pg. 2662 FULL TITLE AGREED TO
12/19/2008 SJ 94 Pg. 2662 ORDERED ENROLLED
12/31/2008 SJ 96 Pg. 2740 PRESENTED TO GOVERNOR 1/6/2009 @ 1:44 PM 2008 ADDENDA
12/31/2008 SJ 96 Pg. 2759 APPROVED BY GOVERNOR 1/12/2009 @ 3:22 PM
12/31/2008 SJ 96 Pg. 2759 FILED WITH SECRETARY OF STATE 1/13/2009 @ 9:52 AM
12/31/2008 SJ 96 Pg. 2759 ASSIGNED PA 0530'08 WITH IMMEDIATE EFFECT