Introduced
by
To revise details of the authority of the Michigan State Housing Development Authority (MSHDA) to invest up to 20 percent of its money in escrow accounts for MSHDA's benefit or that of mortgagors of MSHDA-financed housing.
Referred to the Committee on Economic Development
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 34 to 4 (details)
Referred to the Committee on Commerce
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
The substitute passed by voice vote
Passed in the House 88 to 17 (details)
To revise details of the authority of the Michigan State Housing Development Authority (MSHDA) to invest up to 20 percent of its money in escrow accounts for MSHDA's benefit or that of mortgagors of MSHDA-financed housing.
Passed in the Senate 33 to 5 (details)
To concur with the House-passed version of the bill.
