Michigan Legislative Activity Ledger

Script-free record · Release 2026-07-28.3

Financial Services

Core facts and links below come from the same immutable public release as the enhanced record page.

meeting

What the collected record shows

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

Meeting date
2020-02-26
Scheduled start
2020-02-26 12:00:00.000000
Documented start
Not recorded
Documented end
2020-02-26 12:28:00.000000
Location
Room 307, 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.

Inspect all published fields
Actual end
2020-02-26 12:28:00.000000
Actual start
Not recorded
Chamber
house
Committee id
committee-116
Committee name
Financial Services
Evidence text
HOUSE OF REPRESENTATIVES COMMITTEE ON FINANCIAL SERVICES REP. DIANA FARRINGTON CHAIR COMMITTEE MEETING MINUTES Wednesday, February 26, 2020 12:00 PM Room 307, House Office Building The House Standing Committee on Financial Services was called to order by Chair Farrington. The Chair requested attendance be called: Present: Reps. Farrington, Schroeder, Sheppard, Bellino, Berman, Wakeman, Gay-Dagnogo, Wittenberg, Clemente, Stone. Absent/Excused: Rep. Whitsett. Representative Schroeder moved to adopt the meeting minutes from February 5, 2020. There being no objection, the motion prevailed by unanimous consent. At 12:03 PM, the Chair laid the committee at ease. At 12:06 PM, the Chair called the committee back to order. The Chair laid SB 415 before the committee: SB 415 (Sen. Nesbitt) A bill to amend 1984 PA 379, entitled "An act to define and regulate certain credit card transactions, agreements, charges, and disclosures; to prescribe the powers and duties of the financial institutions bureau and certain state agencies; to provide for the promulgation of rules; and to provide for fines and penalties," by amending the title and section 1 (MCL 493.101). The following person submitted a card in support of SB 415, but did not wish to speak: David Worthams, representing the Michigan Bankers Association. Representative Sheppard moved to refer Senate Bill No. 415 to the Committee on Ways and Means. The motion prevailed 10-0-0: FAVORABLE ROLL CALL Yeas: Reps. Farrington, Schroeder, Sheppard, Bellino, Berman, Wakeman, Gay-Dagnogo, Wittenberg, Clemente, Stone. Nays: None. Pass: None. The Chair laid HB 5131 before the committee: HB 5131 (Rep. Witwer) A bill to amend 2008 PA 551, entitled "Uniform securities act (2002)," (MCL 451.2101 to 451.2703) by amending the title, as amended by 2014 PA 355, and by adding article 5A. Representative Witwer discussed the proposed substitute. Representative Gay-Dagnogo moved to adopt substitute (H-2) to HB 5131. The motion prevailed 9-0-0: FAVORABLE ROLL CALL Yeas: Reps. Farrington, Sheppard, Bellino, Berman, Wakeman, Gay-Dagnogo, Wittenberg, Clemente, Stone. Nays: None. Pass: None. Representative Witwer, Mark Start and Chuck May, both representing the National Association of Insurance and Financial Advisors, testified in support of HB 5131. Questions and discussion followed. The following people submitted a card in support of HB 5131, but did not wish to speak: Melissa Seifert, representing the AARP. Marin Gibson, representing the Securities Industry and Financial Markets Association. The Chair laid HB 5481 before the committee: HB 5481 (Rep. Farrington) A bill to amend 1980 PA 299, entitled "Occupational code," by amending sections 2661, 2663, 2665, 2667, 2673, and 2677 (MCL 339.2661, 339.2663, 339.2665, 339.2667, 339.2673, and 339.2677), as added by 2012 PA 505, and by adding section 2670. Chairwoman Farrington testified in support of HB 5481. Representative Gay-Dagnogo moved to adopt substitute (H-1) to HB 5481. The motion prevailed 8-0-0: FAVORABLE ROLL CALL Yeas: Reps. Farrington, Bellino, Berman, Wakeman, Gay-Dagnogo, Wittenberg, Clemente, Stone. Nays: None. Pass: None. David Worthmans, representing the Michigan Bankers Association, and Brad Ward, representing the Michigan Realtors Association, testified in support of HB 5481. The following people submitted a card in support of HB 5481, but did not wish to speak: Haleigh Krombreen, representing the Michigan Credit Union League. Nicole Nystrom, representing the Amrock. Nicole Nystrom, representing the Real Estate Valuation Advocacy Association. Tabitha Zimney, representing the Michigan Mortgage Lenders Association. Representative Gay-Dagnogo moved to excuse Representative Whitsett from the meeting. There being no objection the motion prevailed by unanimous consent. There being no further business before the committee, Rep. Diana Farrington adjourned the meeting at 12:28 PM. Representative Diana Farrington, Chair Angie Lake Committee Clerk alake@house.mi.gov
Location
Room 307, House Office Building
Media count
1
Meeting date
2020-02-26
Meeting id
meeting-2374
Meeting state
held
Minutes url
Open official source ↗
Quorum state
quorum not determined
Scheduled start
2020-02-26 12:00:00.000000
Session name
2019-2020

Follow the evidence

Cite this record

Michigan Legislative Activity and Evidence Dataset, release 2026-07-28.3, “Financial Services,” /meetings/meeting-2374.

/api/v1/meetings/meeting-2374