MI HB5899 | 2013-2014 | 97th Legislature
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on November 6 2014 - 25% progression, died in committee
Action: 2014-11-12 - Printed Bill Filed 11/07/2014
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on November 6 2014 - 25% progression, died in committee
Action: 2014-11-12 - Printed Bill Filed 11/07/2014
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Financial institutions; mortgage brokers and lenders; requiring a mortgage escrow account for property taxes; prohibit for mortgage of certain exempt property owned by disabled veterans. Amends sec. 22 of 1987 PA 173 (MCL 445.1672).
Title
Financial institutions; mortgage brokers and lenders; requiring a mortgage escrow account for property taxes; prohibit for mortgage of certain exempt property owned by disabled veterans. Amends sec. 22 of 1987 PA 173 (MCL 445.1672).
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2014-11-12 | House | Printed Bill Filed 11/07/2014 |
| 2014-11-06 | House | Referred To Committee On Financial Services |
| 2014-11-06 | House | Read A First Time |
| 2014-11-06 | House | Introduced By Representative Mike Shirkey |
Subjects
Financial institutions, mortgage brokers and lenders
Liens, mortgages
Property tax, exemptions
Veterans, other
Liens, mortgages
Property tax, exemptions
Veterans, other
Michigan State Sources
| Type | Source |
|---|---|
| Summary | https://legislature.mi.gov/doc.aspx?2014-HB-5899 |
| Text | https://legislature.mi.gov/documents/2013-2014/billintroduced/House/htm/2014-HIB-5899.htm |
