103rd Legislature (2025 to 2026) · House of Representatives bill

HB 5497

Financial institutions: mortgage brokers and lenders; prohibition on certain mortgage lending practices; modify. Amends title & secs. 1 & 2 of 1977 PA 135 (MCL 445.1601 & 445.1602).

In committee Last action March 24, 2026: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Official bill page and text: legislature.mi.gov

Sponsors 1

Prime sponsor

Bill Schuette

Status

In committee as of March 24, 2026. The 103rd Legislature serves until the 104th convenes on January 13, 2027.

Referred to: House Finance, Senate Finance, Insurance and Consumer Protection (from the official referral record)

Roll-call votes 1

March 19, 2026House of Representativespassed; given immediate effect Roll Call #102 Yeas 72 Nays 29 Excused 0 Not Voting 9Passed72-29

yes (72) Alexander, Aragona, BeGole, Beson, Bierlein, Bohnak, Bollin, Borton, Breen, Bruck, Carra, Carter, T., Cavitt, Conlin, DeBoer, DeBoyer, Fairbairn, Fitzgerald, Frisbie, Green, P., Hall, Harris, Hoadley, Hoskins, Jenkins-Arno, Johnsen, Kelly, Kuhn, Kunse, Lightner, Linting, Markkanen, Martin, Martus, McFall, Meerman, Mueller, Neeley, Neyer, Outman, O’Neal, Paquette, Pavlov, Pohutsky, Posthumus, Prestin, Puri, Rigas, Robinson, Roth, Schmaltz, Schriver, Schuette, Scott, Slagh, Smit, St. Germaine, Steele, Tate, Thompson, Tisdel, Tsernoglou, VanWoerkom, VanderWall, Wendzel, Witwer, Wooden, Woolford, Wortz, Wozniak, Xiong, Young

no (29) Andrews, Arbit, Brixie, Byrnes, Carter, B., Dievendorf, Edwards, Farhat, Foreman, Fox, Glanville, Grant, Hope, Koleszar, Longjohn, MacDonell, Maddock, McKinney, Mentzer, Miller, Morgan, Myers-Phillips, Paiz, Price, Rheingans, Rogers, Skaggs, Wegela, Wilson

Official roll call

Timeline 15

Date	Chamber	Action
March 24, 2026	Senate	REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
March 24, 2026	Senate	PASSED BY HOUSE WITH IMMEDIATE EFFECT
March 19, 2026	House	transmitted
March 19, 2026	House	passed; given immediate effect Roll Call #102 Yeas 72 Nays 29 Excused 0 Not Voting 9
March 19, 2026	House	substitute (H-4) adopted
March 19, 2026	House	read a third time
March 18, 2026	House	placed on third reading
March 18, 2026	House	substitute (H-1) adopted
March 18, 2026	House	read a second time
March 10, 2026	House	referred to second reading
March 10, 2026	House	reported with recommendation with substitute (H-1)
February 10, 2026	House	bill electronically reproduced February 5, 2026
February 5, 2026	House	referred to Committee on Finance
February 5, 2026	House	read a first time
February 5, 2026	House	introduced by Representative Rep. Bill Schuette

Data: Open States (API v3; public data, attribution appreciated). Official record: legislature.mi.gov. Bill pages link to the official text, not copied.