A bill to amend 1927 PA 175, entitled “The code of criminal procedure,” by amending section 14p of chapter XVII (MCL 777.14p), as amended by 2008 PA 528.
The bill addresses felonies related to property and public trust, including offenses involving bills of lading and the conduct of money transmission services. Key offenses outlined include various fraudulent activities related to bills of lading and violations under the Money Transmission Services Act and Money Transmission Modernization Act. The proposed amendments are set to take effect on January 1, 2025, but only if Senate Bill No. ____ or House Bill No. 5798 of the 102nd Legislature is enacted into law. This legislation is tied to HB 5798'24, indicating a coordinated effort to address issues within the realm of financial services regulation.
Co-sponsored by Reps.
Referred to the Committee on Insurance and Financial Services
