This bill amends the Michigan Code of Criminal Procedure by updating Section 14p of Chapter XVII to include specific felonies related to property and money transmission services. The bill enumerates various offenses, such as the issuance of bills of lading for goods not received, making false statements in money transmission records, and violations of licensing requirements. Each offense is categorized with a corresponding maximum sentence of five years, except for one offense related to false statements in secondary mortgage reports, which carries a maximum of fifteen years.

Additionally, the bill specifies that it will take effect on January 1, 2026, but only if House Bill No. 5544 is also enacted into law. The new legal language inserted into the bill clarifies the categories and descriptions of the felonies, ensuring that the law is up-to-date with current criminal activities related to property and financial transactions.

Statutes affected:
House Introduced Bill: 777.14
As Passed by the House: 777.14