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Financial Services

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meeting

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The source classifies this meeting as held. Proceeding quorum is quorum not determined; that is not an individual attendance finding.

Meeting date: 2021-10-06
Scheduled start: 2021-10-06 12:00:00.000000
Documented start: Not recorded
Documented end: 2021-10-06 12:38:00.000000
Location: Room 327, House Office Building
Official minutes: Open official source ↗

A roster, minutes attendance list, named vote, and proceeding-level quorum result are different kinds of evidence. Related rows retain their source scope.

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Actual end: 2021-10-06 12:38:00.000000
Actual start: Not recorded
Chamber: house
Committee id: committee-82
Committee name: Financial Services
Evidence text: HOUSE OF REPRESENTATIVES COMMITTEE ON FINANCIAL SERVICES REP. DIANA FARRINGTON CHAIR COMMITTEE MEETING MINUTES Wednesday, October 6, 2021 12:00 PM Room 327, House Office Building The House Committee on Financial Services was called to order by Chair Farrington. The Chair requested attendance be called: Present: Reps. Farrington, Wakeman, Griffin, Reilly, O'Malley, Carra, Clemente, Camilleri, Rogers, Scott, Young. Absent: None. Excused: None. Representative Scott moved to adopt the meeting minutes from June 23, 2021. There being no objection, the motion prevailed by unanimous consent. The Chair laid HB 4948, HB 4950, HB 4951 and HB 5096 before the committee: HB 4948 (Rep. Marino) A bill to amend 1966 PA 346, entitled "State housing development authority act of 1966," by amending section 30 (MCL 125.1430), as amended by 1982 PA 506. HB 4950 (Rep. Puri) A bill to amend 1966 PA 346, entitled "State housing development authority act of 1966," by amending section 21 (MCL 125.1421), as amended by 2000 PA 257. HB 4951 (Rep. Manoogian) A bill to amend 1966 PA 346, entitled "State housing development authority act of 1966," by amending section 44 (MCL 125.1444), as amended by 2017 PA 127. HB 5096 (Rep. Farrington) A bill to amend 1976 PA 267, entitled "Open meetings act," by amending section 3a (MCL 15.263a), as amended by 2020 PA 254. Representative O'Malley moved to adopt substitute (H-1) to HB 4948. The motion prevailed 9-1-0: FAVORABLE ROLL CALL Yeas: Reps. Farrington, Griffin, Reilly, O'Malley, Clemente, Camilleri, Rogers, Scott, Young. Nays: Rep. Carra. Pass: None. Representative Rogers moved to adopt substitute (H-1) to HB 4950. The motion prevailed 8- 2-0: FAVORABLE ROLL CALL Yeas: Reps. Farrington, Griffin, O'Malley, Clemente, Camilleri, Rogers, Scott, Young. Nays: Reps. Reilly, Carra. Pass: None. Representative O'Malley moved to adopt substitute (H-3) to HB 5096. The motion prevailed 9-1-0: FAVORABLE ROLL CALL Yeas: Reps. Farrington, Griffin, Reilly, O'Malley, Clemente, Camilleri, Rogers, Scott, Young. Nays: Rep. Carra. Pass: None. Mark Garcia, representing the Michigan State Housing and Development Authority, testified in support of HB 5096. The following people submitted a card in support of HB 4948, HB 4950, HB 4951 and HB 5096, but did not wish to speak: Mark Garcia, representing the Michigan State Housing Development Authority. Sandy Pearson, representing the Habitat for Humanity of Michigan. Josh Lunger, representing the Grand Rapids Chamber of Commerce. The following people submitted a card in support of HB 4948, HB 4950 and HB 4951, but did not wish to speak: Alex Housman, representing the Michigan Realtors Association. David Worthams, representing the Michigan Manufacturers Association. The following people submitted a card with a neutral position on HB 5096, but did not wish to speak: Alex Housman, representing the Michigan Realtors Association. The Chair laid HR 119 before the committee: HR 119 (Rep. Paquette) A resolution to declare June 2021 as Cryptocurrency Education Month in the state of Michigan. Representative Clemente moved to adopt substitute (H-1) to HR 119. The motion prevailed 8- 2-0: FAVORABLE ROLL CALL Yeas: Reps. Farrington, Griffin, Reilly, O'Malley, Clemente, Camilleri, Scott, Young. Nays: Reps. Carra, Rogers. Pass: None. Representative Paquette, and Chris Hatton, representing Michigan Technological University, testified in support of HR 119. Questions and discussion followed. The following people submitted a card in support of HR 119, but did not wish to speak: Yassine Elmandjra, representing ARK Investment Management. Representative O'Malley moved to report out HR 119 with recommendation, as substitute (H- 1). The motion prevailed 9-2-0: FAVORABLE ROLL CALL Yeas: Reps. Farrington, Wakeman, Griffin, Reilly, O'Malley, Clemente, Camilleri, Scott, Young. Nays: Reps. Carra, Rogers. Pass: None. The Chair returned to HB's 4948, 4950, 4951, and 5096. Representative O'Malley moved to report out HB 4948 with recommendation, as substitute (H-1). The motion prevailed 9-2-0: FAVORABLE ROLL CALL Yeas: Reps. Farrington, Wakeman, Griffin, O'Malley, Clemente, Camilleri, Rogers, Scott, Young. Nays: Reps. Reilly, Carra. Pass: None. Representative Wakeman moved to report out HB 4950 with recommendation, as substitute (H-1). The motion prevailed 9-2-0: FAVORABLE ROLL CALL Yeas: Reps. Farrington, Wakeman, Griffin, O'Malley, Clemente, Camilleri, Rogers, Scott, Young. Nays: Reps. Reilly, Carra. Pass: None. Representative Clemente moved to report out HB 4951 with recommendation. The motion prevailed 9-2-0: FAVORABLE ROLL CALL Yeas: Reps. Farrington, Wakeman, Griffin, O'Malley, Clemente, Camilleri, Rogers, Scott, Young. Nays: Reps. Reilly, Carra. Pass: None. Representative O'Malley moved to report out HB 5096 with recommendation, as substitute (H-3). The motion prevailed 9-2-0: FAVORABLE ROLL CALL Yeas: Reps. Farrington, Wakeman, Griffin, O'Malley, Clemente, Camilleri, Rogers, Scott, Young. Nays: Reps. Reilly, Carra. Pass: None. There being no further business before the committee, Rep. Diana Farrington adjourned the meeting at 12:38 PM. Representative Diana Farrington, Chair Edward Sleeper Committee Clerk esleeper@house.mi.gov
Location: Room 327, House Office Building
Media count: 1
Meeting date: 2021-10-06
Meeting id: meeting-1497
Meeting state: held
Minutes url: Open official source ↗
Quorum state: quorum not determined
Scheduled start: 2021-10-06 12:00:00.000000
Session name: 2021-2022

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Michigan Legislative Activity and Evidence Dataset, release 2026-07-28.3, “Financial Services,” /meetings/meeting-1497.

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