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Michigan Government Watch

Dossier Legislative introduced 03-jul-2026
Bill introduced in the Michigan Legislature — not yet passed by either chamber, and not law.

Financial institutions: mortgage brokers and lenders; deposit of certain fees under the mortgage loan originators licensing act; revise place of deposit. Amends sec. 19 of 2009 PA 75 (MCL 493.149). TIE BAR WITH: HB 6177’26

Key claim: HB6203 amends the Michigan Mortgage Loan Originators Licensing Act to revise where certain fees collected under the act must be deposited.

Abstract

(HB6203 · 103rd Legislature) Financial institutions: mortgage brokers and lenders; deposit of certain fees under the mortgage loan originators licensing act; revise place of deposit. Amends sec. 19 of 2009 PA 75 (MCL 493.149). TIE BAR WITH: HB 6177’26 Latest action (2026-07-14): Bill Electronically Reproduced 07/03/2026

Why this matters

HB6203 amends the Michigan Mortgage Loan Originators Licensing Act to revise where certain fees collected under the act must be deposited.

Source

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Briefing card

Financial institutions: mortgage brokers and lenders; deposit of certain fees under the secondary mortgage loan act; revise place of deposit. Amends sec. 6a of 1981 PA 125 (MCL 493.56a). TIE BAR WITH: HB 6177'26
Stage: introduced · legiscan · 03-jul-2026

HB 6202 amends the Secondary Mortgage Loan Act to revise where certain fees collected from mortgage brokers and lenders must be deposited.

Cross-references (0)

None recorded — doctrine links and citations appear here as scans and citation sweeps find them.

External: legiscan:2155440:introduced

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