The bill amends the Michigan Code of Criminal Procedure by updating section 14p of chapter XVII, which pertains to specific felonies related to property and financial crimes. It introduces new legal language that categorizes various offenses, including the issuance of fraudulent bills of lading and violations of the Money Transmission Services Act, along with their corresponding maximum penalties. Notably, the bill specifies that these offenses fall under different categories and classes, with a maximum sentence of five years for each listed felony.

Additionally, the bill includes provisions that will take effect on January 1, 2026, but only if Senate Bill No. 835 of the 103rd Legislature is also enacted into law. This conditional enactment underscores the interconnected nature of legislative measures and their potential impact on criminal law in Michigan.

Statutes affected:
Senate Introduced Bill: 777.14