This bill amends the Michigan Code of Criminal Procedure by updating Section 16o of Chapter XVII to include a list of specific felonies related to fraud and financial crimes. The bill introduces new legal language that outlines various offenses, such as fraudulently issuing or selling domestic securities, obtaining signatures with intent to defraud, and food stamp fraud, among others. Each offense is categorized by its nature and the maximum penalty associated with it, thereby clarifying the legal framework for prosecuting these crimes.

Additionally, the bill removes a previous reference to gaming offenses, specifically the section concerning gambling in stocks, bonds, or commodities. The enactment of this amendatory act is contingent upon the passage of related Senate Bill No. ____ or House Bill No. 4494, indicating a coordinated legislative effort to address these issues comprehensively.

Statutes affected:
House Introduced Bill: 777.16