MI SB0578 | 2015-2016 | 98th Legislature

Michigan Senate Bill 578 (Prior Session Legislation)

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 16 2016 - 100% progression
Action: 2016-03-16 - Assigned Pa 0044'16 With Immediate Effect
Text: Latest bill text (Chaptered) [HTML]

Summary

Consumer credit; predatory lending; mortgage borrowers' bill of rights; modify to refer to federal home loan publications. Amends secs. 2, 6 & 13 of 2002 PA 660 (MCL 445.1632 et seq.) & repeals sec. 7 of 2002 PA 660 (MCL 445.1637).

Title

Roll Calls

2016-02-24 - Senate - Senate Third Reading: Roll Call # 75 (Y: 36 N: 0 NV: 0 Abs: 2) [PASS]
2016-02-23 - House - House Third Reading: Given Immediate Effect Roll Call # 57 (Y: 93 N: 13 NV: 0 Abs: 0) [PASS]
2016-02-23 - House - House Third Reading: Passed Roll Call # 56 (Y: 96 N: 10 NV: 0 Abs: 0) [PASS]
2016-02-10 - House - Reported With Recommendation With Substitute H-1 (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2015-12-10 - Senate - Senate Third Reading: Passed Roll Call # 577 (Y: 38 N: 0 NV: 0 Abs: 0) [PASS]
2015-12-01 - Senate - Reported Favorably Without Amendment (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]

History

Date	Chamber	Action
2016-03-16	Senate	Assigned Pa 0044'16 With Immediate Effect
2016-03-16	Senate	Filed With Secretary Of State 3/15/2016 @ 1:42 Pm
2016-03-16	Senate	Approved By Governor 3/15/2016 @ 11:52 Am
2016-03-08	Senate	Presented To Governor 3/3/2016 @ 4:46 Pm
2016-02-24	Senate	Ordered Enrolled
2016-02-24	Senate	Full Title Agreed To
2016-02-24	Senate	Given Immediate Effect
2016-02-24	Senate	Roll Call # 75 Yeas 36 Nays 0 Excused 2 Not Voting 0
2016-02-24	Senate	House Substitute H-1 Concurred In
2016-02-23	House	Returned To Senate
2016-02-23	House	Passed; Given Immediate Effect Roll Call # 57 Yeas 93 Nays 13
2016-02-23	House	Vote On Passage Reconsidered
2016-02-23	House	Inserted Full Title
2016-02-23	House	Passed Roll Call # 56 Yeas 96 Nays 10
2016-02-23	House	Read A Third Time
2016-02-18	House	Placed On Third Reading
2016-02-18	House	Substitute H-1 Adopted
2016-02-18	House	Read A Second Time
2016-02-10	House	Referred To Second Reading
2016-02-10	House	Reported With Recommendation With Substitute H-1
2015-12-10	House	Referred To Committee On Financial Services
2015-12-10	House	Read A First Time
2015-12-10	House	Received On 12/10/2015
2015-12-10	Senate	Passed Roll Call # 577 Yeas 38 Nays 0 Excused 0 Not Voting 0
2015-12-09	Senate	Placed On Order Of Third Reading With Amendment(s)
2015-12-09	Senate	Amendment(s) Concurred In
2015-12-09	Senate	Reported By Committee Of The Whole Favorably With Amendment(s)
2015-12-01	Senate	Referred To Committee Of The Whole
2015-12-01	Senate	Committee Recommended Immediate Effect
2015-12-01	Senate	Reported Favorably Without Amendment
2015-10-22	Senate	Referred To Committee On Banking And Financial Institutions
2015-10-22	Senate	Introduced By Senator Darwin Booher

Subjects

Consumer credit: predatory lending
Financial institutions: generally
Property: mortgages
State agencies (existing): insurance and financial services

Michigan State Sources

Type	Source
Summary	https://legislature.mi.gov/doc.aspx?2015-SB-0578
Text	https://legislature.mi.gov/documents/2015-2016/billintroduced/Senate/htm/2015-SIB-0578.htm
Text	https://legislature.mi.gov/documents/2015-2016/billengrossed/Senate/htm/2015-SEBS-0578.htm
Text	https://legislature.mi.gov/documents/2015-2016/billengrossed/Senate/htm/2015-SEBH-0578.htm
Text	https://legislature.mi.gov/documents/2015-2016/billenrolled/Senate/htm/2015-SNB-0578.htm
Text	https://legislature.mi.gov/documents/2015-2016/publicact/htm/2016-PA-0044.htm
Roll Call	https://legislature.mi.gov/documents/2015-2016/Journal/Senate/htm/2015-SJ-12-01-104.htm
Roll Call	https://legislature.mi.gov/documents/2015-2016/Journal/Senate/htm/2015-SJ-12-10-109.htm
Roll Call	https://legislature.mi.gov/documents/2015-2016/Journal/House/htm/2016-HJ-02-10-013.htm
Roll Call	https://legislature.mi.gov/documents/2015-2016/Journal/House/htm/2016-HJ-02-23-018.htm
Roll Call	https://legislature.mi.gov/documents/2015-2016/Journal/Senate/htm/2016-SJ-02-24-019.htm