Michigan HB6199: Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in the Michigan penal code. Amends secs. 219e & 219f of 1931 PA 328 (MCL 750.219e & 750.219f). TIE BAR WITH: HB 6177'26

What the bill says

To amend 1931 PA 328, entitled "The Michigan penal code," by amending sections 219e and 219f (MCL 750.219e and 750.219f), section 219e as added by 1999 PA 164 and section 219f as added by 1999 PA 166.

From the introduced text, July 3, 2026:

A bill to amend 1931 PA 328, entitled "The Michigan penal code," by amending sections 219e and 219f (MCL 750.219e and 750.219f), section 219e as added by 1999 PA 164 and section 219f as added by 1999 PA 166. the people of the state of michigan enact: Sec. 219e. (1) Except as otherwise provided by law, a person shall not do any of the following: (a) Prepare or submit an application for a loan or other extension of credit in another person's name without authorization from that other person. (b) Receive or possess an application for a loan or other extension of credit knowing or having reason to know that the application was prepared or submitted in violation of this subsection. (1). (c) Receive or possess any instrument or device for accessing the proceeds of a loan or other extension of credit knowing or having reason to know the instrument or device was obtained as a result of a violation of this subsection. (1). (2) A person who that violates this section is guilty of a felony punishable by imprisonment for not more than 4 years, or a fine of not more than $2,500.00, or both. (3) Subsection (1) does not apply to a financial institution or an affiliate, licensee, or franchisee of a financial institution or to a director, …

Read the full official text

Sponsors

• Fairbairn, Parker (R, 107) · primary sponsor
• Tisdel, Mark (R, 55)

Latest actions

1. July 3, 2026: bill electronically reproduced 07/03/2026
2. July 3, 2026: referred to Committee on Finance
3. July 3, 2026: read a first time
4. July 3, 2026: introduced by Representative Rep. Parker Fairbairn

Common questions

What is HB6199?

HB6199 is a bill in the Michigan Legislature (103rd Legislature): Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in the Michigan penal code. Amends secs. 219e & 219f of 1931 PA 328 (MCL 750.219e & 750.219f). TIE BAR WITH: HB 6177'26.

What does HB6199 do?

In its own words: To amend 1931 PA 328, entitled "The Michigan penal code," by amending sections 219e and 219f (MCL 750.219e and 750.219f), section 219e as added by 1999 PA 164 and section 219f as added by 1999 PA 166.

What is the status of HB6199?

In committee as of July 3, 2026. Latest action: bill electronically reproduced 07/03/2026 (July 3, 2026).

Who sponsored HB6199?

Fairbairn, Parker (R, 107), with 1 co-sponsor.

Where is the official record for HB6199?

On the Michigan Legislature website: https://www.legislature.mi.gov/Bills/Bill?ObjectName=2026-HB-6199