Michigan House Bill HB5355

Michigan 2023-2024 Regular Session

• Introduced: 11/14/23
• Refer: 11/14/23
• Refer: 1/10/24
• Report Pass: 5/23/24

Caption

Criminal procedure: sentencing guidelines; sentencing guidelines for motor vehicle sales finance violations; modify. Amends sec. 14p, ch. XVII of 1927 PA 175 (MCL 777.14p). TIE BAR WITH: HB 5354'23

Impact

If enacted, this bill will likely increase the penalties for specific violations related to motor vehicle sales, thereby promoting greater oversight and responsibility in the industry. By modifying the sentencing guidelines, the legislature intends to deter fraudulent practices significantly and enhance consumer protection. The bill could influence operational protocols within automotive sales organizations, compelling them to adopt stricter regulatory compliance measures as a condition for maintaining their licenses.

Summary

House Bill 5355 aims to amend the Michigan Penal Code by modifying the sentencing guidelines related to motor vehicle sales finance violations. Specifically, it focuses on enhancing the legal framework that governs the issuance of bills of lading and other financial documentation associated with the sale of motor vehicles. The bill seeks to align the state laws with the evolving dynamics of the automotive sales industry while ensuring better compliance with regulatory standards.

Contention

Notable points of contention have emerged during discussions surrounding HB5355. Proponents argue that the bill will strengthen the integrity of the motor vehicle sales industry and reduce instances of fraud, thereby protecting both consumers and legitimate businesses. However, critics raise concerns over whether the proposed amendments could disproportionately affect smaller dealerships and restrict their operational capabilities. They worry that stringent penalties might lead to undue financial strain, particularly for businesses that may inadvertently commit minor violations.