CITATIONS TO BANKING CODE - H.B. 5343 (H-1): FLOOR ANALYSIS
House Bill 5343 (Substitute H-1 as reported without amendment)
Sponsor: Representative Samuel Thomas
House Committee: Insurance and Financial Services
Senate Committee: Financial Services
CONTENT
The bill would amend the Michigan BIDCO Act, which authorizes the establishment and regulation of business and industrial development corporations, to replace citations to the Banking Code of 1969 with references to the Banking Code of 1999.
MCL 487.1717 - Legislative Analyst: N. Nagata
FISCAL IMPACT
The bill would have no fiscal impact on State or local government.
Date Completed: 12-8-00 - Fiscal Analyst: M. TyszkiewiczFloor\hb5343 - 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.