HOUSE OF REPRESENTATIVES
COMMITTEE ON FINANCE
REP. MARK TISDEL
CHAIR
COMMITTEE MEETING MINUTES
Tuesday, March 3, 2026
10:30 AM
Room 521, House Office
Building
The House Committee on Finance was called to order by Chair Tisdel.
The Chair requested attendance to be called:
Present: Reps. Tisdel, Frisbie, VanderWall, Lightner, Martin, Posthumus, Alexander,
Aragona, Schuette, Hoskins, Tyrone Carter, Neeley, Breen and Young.
Absent: Rep. Paiz.
Excused: Rep. Paiz.
Representative Hoskins moved to adopt the meeting minutes from December 16, 2025. There
being no objection, the motion prevailed with unanimous consent.
The Chair laid HB 5484 before the committee:
HB 5484
(Rep. Tisdel)
A bill to amend 1967 PA 281, entitled "Income
tax act of 1967," by amending sections 102,
103, 105, 110, 112, 115, 122, and 123 (MCL
206.102, 206.103, 206.105, 206.110, 206.112,
206.115, 206.122, and 206.123), sections 102,
103, 105, and 110 as amended by 2011 PA 38
and section 115 as amended by 2011 PA 178;
and to repeal acts and parts of acts.
At 10:34 AM, the Chair laid the committee at ease.
At 10:35 AM, Majority Vice Chair Frisbie called the committee back to order.
Representative Tisdel, joined by Bob Doyle and Elizabeth Potocki, representing the Michigan
Association of CPAs, testified in support of HB 5484. Questions and discussion followed.
The following person submitted a card in support of HB 5484, but did not wish to speak:
Adam Majestic, representing the Detroit Regional Chamber.
At 10:49 AM, Majority Vice Chair Frisbie laid the committee at ease.
At 10:50 AM, the Chair called the committee back to order.
The Chair laid HB 5497 before the committee:
HB 5497
(Rep. Schuette)
A bill to amend 1977 PA 135, entitled "An act
to prohibit certain mortgage lending practices
by a credit granting institution; to prescribe the
powers and duties of the commissioner of the
financial institutions bureau in relation to those
practices; to permit the establishment of local
mortgage review boards; and to provide
remedies and penalties," by amending the title
and sections 1 and 2 (MCL 445.1601 and
445.1602), the title and section 2 as amended
by 1993 PA 43 and section 1 as amended by
2012 PA 444.
Representative Schuette, joined by Allyson McLean, representing Rocket Mortgage, testified in
support of HB 5497. Questions and discussion followed.
The following people submitted a card in support of HB 5497, but did not wish to speak:
Patricia Herndon, representing the Michigan Bankers Association.
Tabitha Zimny, representing the Michigan Mortgage Lenders Association.
The Chair laid HB 5318 before the committee:
HB 5318
(Rep. Frisbie)
A bill to amend 1933 PA 167, entitled
"General sales tax act," by amending sections
4o and 4q (MCL 205.54o and 205.54q),
section 4o as amended by 2018 PA 249 and
section 4q as amended by 2018 PA 530.
Representative Frisbie testified in support of the proposed (H-1) substitute for HB 5318.
The following people submitted a card in opposition to HB 5318, but did not wish to speak:
Andy Neumann, representing the Michigan Education Association.
Matt Schueller, representing the Michigan Association of Superintendents and
Administrators.
Judy Allen, representing the Michigan Townships Association.
Dan Behm, representing the Education Advocates of West Michigan.
Jennifer Smith, representing the Michigan Association of School Boards.
John Severson, representing the Michigan Association of Intermediate School Administrators.
Representative Frisbie moved to adopt substitute (H-1) to HB 5318. The motion prevailed 12-0-2:
FAVORABLE ROLL CALL
Yeas: Reps. Tisdel, Frisbie, VanderWall, Lightner, Martin, Posthumus, Alexander, Aragona,
Schuette, Hoskins, Tyrone Carter and Neeley.
Nays: None.
Pass: Reps. Breen and Young.
Representative Frisbie moved to report out HB 5318 with recommendation, as substitute (H-1).
The motion prevailed 9-0-5:
FAVORABLE ROLL CALL
Yeas: Reps. Tisdel, Frisbie, VanderWall, Lightner, Martin, Posthumus, Alexander, Aragona
and Schuette.
Nays: None.
Pass: Reps. Hoskins, Tyrone Carter, Neeley, Breen and Young.
Representative Hoskins moved to excuse Representative Paiz from the meeting. There being no
objection the motion prevailed by unanimous consent.
There being no further business before the committee, Chair Tisdel adjourned the meeting at 11:03
AM.
Representative Mark Tisdel, Chair
Hazel Campbell-Crawley
Committee Clerk
hcrawley@house.mi.gov