NOTARY PUBLIC                                                                  H.B. 5005 (H-1): FLOOR ANALYSIS

 

 

 

 

 

 

 

 

 

 

 

House Bill 5005 (Substitute H-1 as reported without amendment) Sponsor: Representative Ilona Varga

House Committee: Regulatory Affairs

Senate Committee: Economic Development, International Trade and Regulatory Affairs

 

CONTENT

 

The bill would amend Chapter 14 of the Revised Statutes of 1846 to allow a notary public to sign the name of a person whose physical characteristics limited his or her capacity to sign or make a mark on a document presented for notarization under all of the following circumstances:

 

--  The notary public was directed to do so by that person--whether orally, verbally, or through electronic or mechanical means provided by the person.

--   The person was in the physical presence of the notary public.

--  The notary public inscribed “signature affixed pursuant to Section 55.113(2) of the Michigan Compiled Laws” beneath the signature.

 

Currently, the law specifies that for his or her services a notary public is to receive such fees as are provided by law. The bill specifies, instead, that a notary public could receive a service fee of not more than $2 per acknowledgment or jurat.

 

The bill is tie-barred to House Bill 5004, which would amend the Uniform Recognition of Acknowledgments Act.

 

MCL 55.113 et al.                                                                           Legislative Analyst: L Burghardt

 

FISCAL IMPACT

 

The bill would have no fiscal impact on State or local government.

 

Date Completed: 11-21-96                                                                           Fiscal Analyst: R. Ross

 

 

 

 

 

 

 

 

 

 

 

 

floor\hb5005

 

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.