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Legislation watch
2012 Senate Bill 908: Revise mortgage loan originator licensure detail
Public Act 150 of 2012
Introduced by Sen. Darwin Booher R-Evart on January 25, 2012
To revise details of the state law that imposes licensure on mortgage loan officers, making it conform with federal law on this. Official Text and Analysis.
Referred to the Senate Banking and Financial Institutions Committee on January 25, 2012
Reported in the Senate on February 21, 2012
With the recommendation that the substitute (S1) be adopted and that the bill then pass.
Substitute offered in the Senate on February 29, 2012
The substitute passed by voice vote in the Senate on February 29, 2012
Received in the House on March 1, 2012
Referred to the House Banking and Financial Services Committee on March 1, 2012
Reported in the House on April 18, 2012
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered in the House on May 9, 2012
The substitute passed by voice vote in the House on May 9, 2012
Received in the Senate on May 15, 2012
Signed by Gov. Rick Snyder on May 30, 2012