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MI SB1519
Bill
Status
9/28/2010
Primary Sponsor
Gretchen Whitmer
Click for details
AI Summary
Senate Bill 1519 Summary
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Amends Michigan's sentencing guidelines (MCL 777.16l) to add felony offenses related to mortgage fraud to the sentencing framework.
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Establishes two residential mortgage fraud offense categories: Class D felony for loan values of $100,000 or less (15-year maximum), and Class B felony for loan values exceeding $100,000 (20-year maximum).
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Adds four additional fraud-related felonies to the sentencing guidelines: unauthorized credit applications (Class F, 4-year maximum), and forwarding unauthorized credit applications (Class F, 4-year maximum).
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Makes this amendment contingent on the enactment of Senate Bill 1518 of the 95th Legislature, creating a tie-bar provision between the two bills.
Legislative Description
Criminal procedure; sentencing guidelines; sentencing guidelines for crime of mortgage fraud; enact. Amends sec. 16l, ch. XVII of 1927 PA 175 (MCL 777.16l). TIE BAR WITH: SB 1518'10
Liens, mortgages
Last Action
Referred To Committee On Banking And Financial Institutions
9/28/2010