MICHIGAN LEGISLATURE(legislature.mi.gov)
Printed on 8/15/2025
Michigan Compiled Laws Complete Through PA 5 of 2025

Senate Bill 343 of 2007 (Public Act 530 of 2008)

Sponsors

Categories

Financial institutions: mortgage brokers and lenders; Occupations: appraisers; Consumer protection: other
Financial institutions; mortgage brokers and lenders; coercing or inducing appraisers to inflate value of real property offered as collateral for secondary mortgage loan; prohibit loan origination without secondary loan officer registration. Amends sec. 27 of 1981 PA 125 (MCL 493.77). TIE BAR WITH: HB 4054'07, HB 6148'08, SB 0356'07

Documents

[PDF] [HTML] Senate Introduced Bill
Introduced bills appear as they were introduced and reflect no subsequent amendments or changes
[PDF] [HTML] As Passed by the Senate
The As Passed by the Senate version is the bill, as introduced, that includes any adoped Senate amendments
[PDF] [HTML] As Passed by the House
The As Passed by the House version is the bill, as introduced, that includes any adoped House amendments
[PDF] [HTML] Senate Concurred Bill
The Concurred Bill is the version passed in identical form by both houses of the Legislature, issues prior to availability of the Enrolled Bill
[PDF] [HTML] Public Act
A Public Act is a bill that has become law

Analysis

Senate Fiscal Agency Analysis

[PDF] [HTML] COMMITTEE SUMMARY (3-27-07)
This document analyzes SB0342, SB0343, SB0356
[PDF] [HTML] FLOOR ANALYSIS (5-1-07)
This document analyzes SB0342, SB0343
[PDF] [HTML] FIRST ANALYSIS (4-9-07)
This document analyzes SB0342, SB0343, SB0356
[PDF] [HTML] SECOND ANALYSIS (5-11-07)
This document analyzes SB0342, SB0343, SB0356, SB0432

House Fiscal Agency Analysis

[Committee Summary (05-23-08) PDF] [Committee Summary (05-23-08) HTML] Committee Summary (05-23-08)
This document analyzes HB4054, HB6148, SB0343, SB0356
[Analysis as Reported from Committee (06-03-08) PDF] [Analysis as Reported from Committee (06-03-08) HTML] Analysis as Reported from Committee (06-03-08)
This document analyzes HB4054, HB6148, SB0343, SB0356

History

(House actions in lowercase, Senate actions in UPPERCASE)
Note: A page number of 0 indicates that the page number is coming soon
Date Journal Action
3/07/2007 SJ 20 Pg. 251 REFERRED TO COMMITTEE ON BANKING AND FINANCIAL INSTITUTIONS
3/29/2007 SJ 30 Pg. 408 REPORTED FAVORABLY WITH SUBSTITUTE S-1
3/29/2007 SJ 30 Pg. 408 COMMITTEE RECOMMENDED IMMEDIATE EFFECT
3/29/2007 SJ 30 Pg. 408 REFERRED TO COMMITTEE OF THE WHOLE WITH SUBSTITUTE S-1
5/01/2007 SJ 39 Pg. 526 REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE S-2
5/01/2007 SJ 39 Pg. 526 SUBSTITUTE S-2 CONCURRED IN
5/01/2007 SJ 39 Pg. 526 PLACED ON ORDER OF THIRD READING WITH SUBSTITUTE S-2
5/02/2007 SJ 40 Pg. 542 PASSED ROLL CALL # 79 YEAS 38 NAYS 0 EXCUSED 0 NOT VOTING 0
5/02/2007 HJ 42 Pg. 582 received on 05/02/2007
5/02/2007 HJ 42 Pg. 605 read a first time
5/02/2007 HJ 42 Pg. 605 referred to Committee on Banking and Financial Services
5/27/2008 HJ 51 Pg. 1168 reported with recommendation with substitute H-1
5/27/2008 HJ 51 Pg. 1168 referred to second reading
12/18/2008 HJ 94 Pg. 3125 read a second time
12/18/2008 HJ 94 Pg. 3125 substitute H-1 not adopted
12/18/2008 HJ 94 Pg. 3125 substitute H-2 adopted and amended
12/18/2008 HJ 94 Pg. 3125 placed on third reading
12/18/2008 HJ 94 Pg. 3125 placed on immediate passage
12/18/2008 HJ 94 Pg. 3125 read a third time
12/18/2008 HJ 94 Pg. 3125 passed; given immediate effect Roll Call # 1120 Yeas 108 Nays 0
12/18/2008 HJ 94 Pg. 3125 inserted full title
12/18/2008 HJ 94 Pg. 3125 returned to Senate
12/19/2008 SJ 94 Pg. 2662 HOUSE INSERTED FULL TITLE
12/19/2008 SJ 94 Pg. 2662 HOUSE SUBSTITUTE H-2 CONCURRED IN
12/19/2008 SJ 94 Pg. 2662 ROLL CALL # 939 YEAS 36 NAYS 0 EXCUSED 2 NOT VOTING 0
12/19/2008 SJ 94 Pg. 2662 GIVEN IMMEDIATE EFFECT
12/19/2008 SJ 94 Pg. 2662 FULL TITLE AGREED TO
12/19/2008 SJ 94 Pg. 2662 ORDERED ENROLLED
12/31/2008 SJ 96 Pg. 2740 PRESENTED TO GOVERNOR 1/6/2009 @ 1:44 PM 2008 ADDENDA
12/31/2008 SJ 96 Pg. 2759 APPROVED BY GOVERNOR 1/12/2009 @ 3:22 PM
12/31/2008 SJ 96 Pg. 2759 FILED WITH SECRETARY OF STATE 1/13/2009 @ 9:52 AM
12/31/2008 SJ 96 Pg. 2759 ASSIGNED PA 0530'08 WITH IMMEDIATE EFFECT