MI SB0992 | 2011-2012 | 96th Legislature

Michigan Senate Bill 992 (Prior Session Legislation)

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on April 17 2012 - 100% progression
Action: 2012-04-17 - Assigned Pa 0067'12 With Immediate Effect
Text: Latest bill text (Chaptered) [HTML]

Summary

Consumer credit; lending practices; nonrecourse commercial mortgage loans; clarify effect of certain mortgage provisions. Creates new act.

Title

Consumer credit; lending practices; nonrecourse commercial mortgage loans; clarify effect of certain mortgage provisions. Creates new act.

Roll Calls

2012-03-20 - House - House Third Reading: Given Immediate Effect Roll Call # 125 (Y: 97 N: 12 NV: 0 Abs: 0) [PASS]
2012-03-13 - House - Reported With Recommendation Without Amendment (Y: 12 N: 0 NV: 0 Abs: 0) [PASS]
2012-03-07 - Senate - Senate Third Reading: Passed Roll Call # 117 (Y: 33 N: 5 NV: 0 Abs: 0) [PASS]
2012-03-01 - Senate - Reported Favorably Without Amendment (Y: 6 N: 0 NV: 0 Abs: 0) [PASS]

History

Date	Chamber	Action
2012-04-17	Senate	Assigned Pa 0067'12 With Immediate Effect
2012-04-17	Senate	Filed With Secretary Of State 3/29/2012 @ 1:30 Pm
2012-04-17	Senate	Approved By Governor 3/29/2012 @ 10:52 Am
2012-03-27	Senate	Presented To Governor 3/22/2012 @ 3:46 Pm
2012-03-21	Senate	Ordered Enrolled
2012-03-21	Senate	Given Immediate Effect
2012-03-20	House	Returned To Senate
2012-03-20	House	Passed; Given Immediate Effect Roll Call # 125 Yeas 97 Nays 12
2012-03-20	House	Read A Third Time
2012-03-15	House	Placed On Third Reading
2012-03-15	House	Read A Second Time
2012-03-13	House	Referred To Second Reading
2012-03-13	House	Reported With Recommendation Without Amendment
2012-03-08	House	Referred To Committee On Commerce
2012-03-08	House	Read A First Time
2012-03-08	House	Received On 03/07/2012
2012-03-07	Senate	Passed Roll Call # 117 Yeas 33 Nays 5 Excused 0 Not Voting 0
2012-03-06	Senate	Placed On Order Of Third Reading With Amendment(s)
2012-03-06	Senate	Amendment(s) Concurred In
2012-03-06	Senate	Reported By Committee Of The Whole Favorably With Amendment(s)
2012-03-01	Senate	Referred To Committee Of The Whole
2012-03-01	Senate	Committee Recommended Immediate Effect
2012-03-01	Senate	Reported Favorably Without Amendment
2012-02-29	Senate	Referred To Committee On Economic Development

Subjects

Consumer credit, lending practices
Financial institutions, other
Law, contracts
Liens, mortgages

Michigan State Sources

Type	Source
Summary	https://legislature.mi.gov/doc.aspx?2012-SB-0992
Text	https://legislature.mi.gov/documents/2011-2012/billintroduced/Senate/htm/2012-SIB-0992.htm
Text	https://legislature.mi.gov/documents/2011-2012/billengrossed/Senate/htm/2012-SEBS-0992.htm
Text	https://legislature.mi.gov/documents/2011-2012/billengrossed/Senate/htm/2012-SEBH-0992.htm
Text	https://legislature.mi.gov/documents/2011-2012/billenrolled/Senate/htm/2012-SNB-0992.htm
Text	https://legislature.mi.gov/documents/2011-2012/publicact/htm/2012-PA-0067.htm
Roll Call	https://legislature.mi.gov/documents/2011-2012/Journal/Senate/htm/2012-SJ-03-01-021.htm
Roll Call	https://legislature.mi.gov/documents/2011-2012/Journal/Senate/htm/2012-SJ-03-07-023.htm
Roll Call	https://legislature.mi.gov/documents/2011-2012/Journal/House/htm/2012-HJ-03-13-026.htm
Roll Call	https://legislature.mi.gov/documents/2011-2012/Journal/House/htm/2012-HJ-03-20-029.htm