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HB 6200

Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in the code of criminal procedure. Amends secs. 14h & 14p, ch. XVII of 1927 PA 175 (MCL 777.14h & 777.14p). TIE BAR WITH: HB 6177'26

2025-2026 Regular Session Introduced by Mark Tisdel

HB 6200 updates and expands criminal penalties for a wide range of financial services offenses (mortgage, lending, anti-fraud, record-keeping) to align with updated regulations, co

bill electronically reproduced 07/03/2026
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Bill Summary · HB 6200

Bill Summary: HB 6200 (2025-2026) – Michigan

Purpose and Intent

HB 6200, introduced by Rep. Mark Tisdel, seeks to amend the Michigan Code of Criminal Procedure (specifically sections 14h and 14p in Chapter XVII) to update enumerated offenses and align penalties with existing statutes. The bill also includes a tie-bar with HB 6177, meaning HB 6200’s enactment depends on HB 6177 becoming law. The overarching effect is to consolidate and conform licensing and enforcement-related provisions that touch mortgage brokers, lenders, and related financial activities, with a broader set of criminal offenses in the code.

Key Provisions and Changes

  • Amendments to Section 14h (Chapter XVII, MCL 777.14h):
    The bill updates the list of felonies that fall under the chapter’s scope, specifying various offenses with associated maximum penalties (class designations and statutory maximums). The offenses enumerated include:
    • Identity theft-related offenses and related acts (e.g., obtaining, possessing, selling or transferring personal identifying information; falsifying police reports with intent to commit identity theft).
    • Offenses involving scrap metal and precious metals/gems (e.g., buying/selling stolen metal, dealer record-keeping violations, and failure to record or retain critical documentation).
    • Deposit record-keeping offenses (e.g., failure to originate and maintain deposit records for containers of certain value ranges; escalating penalties by value tier).
    • Various consumer protection and financial services offenses (e.g., false statements in mortgage broker or lender reports; antitrust and franchise-related offenses; unlawful advertising or misrepresentation in franchise matters).
    • Other related crimes including reverse vending machine data manipulation, unsolicited email protection violations, and certain trust/fraud offenses tied to financial services.
  • Amendments to Section 14p (Chapter XVII, MCL 777.14p):
    The bill also updates felonies listed under chapters 482–499 (property-related offenses such as bills of lading and related fraud) and related financial crimes (e.g., money transmission service acts, BIDCO acts, secondary mortgage statements, and motor vehicle installment sales false statements).
  • Conforming Changes:
    The amendments are designed to harmonize criminal procedure references with changes in the licensing landscape for residential mortgages and related financial services, ensuring that criminal penalties align with updated regulatory requirements.
  • Effective Date and Tie Bar:
    The act enacts only if HB 6177 (request no. H05171'25) is enacted into law, creating a conditional effective date dependent on that companion bill.

Affected Parties and Impacts

  • Individuals and Entities in Mortgage and Financial Services:
    Mortgage brokers, lenders, and other financial services professionals could face updated criminal penalties for certain offenses, including false statements, fraud, or record-keeping failures tied to lending and franchise operations.
  • Regulators and Prosecutors:
    Michigan's criminal procedure framework will incorporate a broader set of offenses applicable to financial services misconduct, potentially increasing enforcement and prosecution choices.
  • Consumers:
    Enhanced penalties and clearer enforcement provisions aim to deter fraud and false representations in mortgage-lending and related activities, protecting consumers’ financial interests.

Procedural and Timeline Notes

  • HB 6200 is a House bill introduced July 3, 2026, assigned to the Finance Committee.
  • It operates as a tie-bar to HB 6177; if HB 6177 does not pass, HB 6200 does not take effect.
  • Final text references specific MCL sections and enumerated offenses, with penalties as listed in the bill’s enumerations.

If you’d like, I can provide a targeted section-by-section comparison with current law or a plain-language glossary of the enumerated offenses.

Compiled from official sources — confirm details with the bill’s official record.

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