BANKING CODE REFERENCES - S.B. 746-753: FLOOR ANALYSIS
Senate Bills 746, 747, and 748 (as reported without amendment)
Senate Bill 749 (Substitute S-1 as reported)
Senate Bills 750 through 753 (as reported without amendment)
Sponsor: Senator Joanne G. Emmons (Senate Bill 748)
Senator Art Miller, Jr. (Senate Bill 746)
Senator Mike Rogers (Senate Bill 747)
Senator Glenn D. Steil (Senate Bills 749, 751, & 752)
Senator Dale L. Shugars (Senate Bills 750 & 753)
Committee: Banking and Financial Institutions
CONTENT
The bills would amend various laws to replace references to the Banking Code of 1969, or Public Act 319 of 1969, with references to the "Banking Code of 1999". All of the bills are tie-barred to Senate Bill 745, which would repeal the Banking Code of 1969 and create the Banking Code of 1999.
Senate Bill 746 would amend the Natural Resources and Environmental Protection Act. Senate Bill 747 would amend the Michigan Consumer Protection Act. Senate Bill 748 would amend the Michigan Export Development Act. Senate Bill 749 (S-1) would amend the Sale of Checks Act. Senate Bill 750 would amend the Michigan BIDCO Act. Senate Bill 751 would amend the Savings Bank Act. Senate Bill 752 would amend the Savings and Loan Act. Senate Bill 753 would amend the Estates and Protected Individuals Code.
MCL 324.20101b (S.B. 746) - Legislative Analyst: G. Towne
445.904 (S.B. 747)
447.152 (S.B. 748)
487.904 (S.B. 749)
487.1717 (S.B. 750)
487.3102 (S.B. 751)
491.107 et al. (S.B. 752)
700.1214 (S.B. 753)
FISCAL IMPACT
The bills would have no fiscal impact on State or local government.
Date Completed: 10-25-99 - Fiscal Analyst: M. TyszkiewiczFloor\sb746 - Bill Analysis @ http://www.state.mi.us/sfa
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.