Senator Valde Garcia :: 22nd District


 

Welcome!

Welcome to the Michigan Senate Republican web site and the 22nd District home page. This site will help you keep informed and up-to-date on state issues and legislation in Lansing.

Sincerely,

Valde Garcia
22nd Senate District

Office of Financial and Insurance Regulation Settlement

On Sept. 18, the Office of Financial and Insurance Regulation (OFIR) and the Michigan attorney general reached a settlement with Comerica Bank to protect nearly $1 billion in Michigan citizen holdings. OFIR said in a statement:

"Attorney General Mike Cox today announced that his office and the Office of Financial and Insurance Regulation (OFIR) reached a settlement with Comerica Bank regarding $1.46 billion in Auction Rate Securities (ARS). The settlement requires Comerica Bank to offer full buybacks to any customer who purchased an ARS from Comerica Securities (a subsidiary of Comerica Bank). The Auction Rate Securities market collapsed this year, freezing consumers' access to their accounts."

This settlement is great news for Michigan consumers and our economy.

Five Michigan Cities on List of 100 Best Places to Live

Brighton, Grand Rapids, Plymouth, Rochester and Traverse City have been named to the Relocate America list of America’s Top 100 Places to Live for 2008. The real estate organization maintains a directory of more than 6,000 community profiles with information about local housing markets and businesses, culture and activities.

 

SENATOR GARCIA HOSTS THE 2008 ANNUAL SENATE MEMORIAL DAY SERVICE

The Memorial Day service, held on May 22nd, honors all men and women,
past and present, serving in our armed forces.

Recent News:
10/8/2008   GARCIA: HISPANIC HERITAGE MONTH ACHIEVED ITS GOALS
10/7/2008   SEN. GARCIA APPLAUDS NEW SOS PLUS OFFICE
10/2/2008   SENATE PASSES LEGISLATION ELIMINATING ONEROUS MBT SURCHARGE
10/2/2008   SENATE COMMITTEE REPORTS BIRKHOLZ/GARCIA E-WASTE LEGISLATION TO SPUR COMPUTER RECYCLING

Conservation Update

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