HB-5837, As Passed House, December 12, 2012HB-5837, As Passed Senate, December 12, 2012
August 15, 2012, Introduced by Rep. Cotter and referred to the Committee on Banking and Financial Services.
A bill to amend 1973 PA 43, entitled
"An act to permit associations, institutions and credit unions to
process or handle food stamps; and to prescribe powers and duties,"
by amending section 1 (MCL 400.171), as amended by 2003 PA 218.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 1. As used in this act:
(a) "Association" means an association as defined in former
section 108 of the savings and loan act of 1980, former 1980 PA
307. ,
MCL 491.108.
(b)
"Department" means the family independence
agency.department of human services.
(c) "Food stamps" means the coupons issued pursuant to the
food
stamp program established pursuant to under the food stamp act
of
1977, Public Law 88-525, 7 U.S.C. 2011 to 2012 and 2013 to
House Bill No. 5837 as amended September 27, 2012
2036.7 USC 2011 to 2036a.
(d) "Institution" means an institution as defined in section
1202 of the banking code of 1999, 1999 PA 276, MCL 487.11202.
(e) "Credit union" means a domestic credit union as that term
is defined in section 102 of the credit union act, 2003 PA 215, MCL
490.101 to 490.601.
Enacting section 1. This amendatory act takes effect December
31, 2012.
[Enacting section 2. This amendatory act does not take effect
unless House Bill No. 5835 of the 96th Legislature is enacted into law.
]