Bill Texts: MI SB0632 | 2023-2024 | 102nd Legislature
Bill Title: Financial institutions: payday lending; deferred presentment service transactions that charge service fees greater than an annual rate of 36%; prohibit. Amends sec. 33 of 2005 PA 244 (MCL 487.2153).
Spectrum: Moderate Partisan Bill (Democrat 8-2)
Status: (Engrossed) 2024-03-14 - Referred To Committee On Insurance And Financial Services [SB0632 Detail]
Spectrum: Moderate Partisan Bill (Democrat 8-2)
Status: (Engrossed) 2024-03-14 - Referred To Committee On Insurance And Financial Services [SB0632 Detail]
Bill Drafts
| Revision | Date | Format | Source | View |
|---|---|---|---|---|
| Engrossed | 2024-03-14 | HTML/Text | Link | View |
| Introduced | 2023-11-01 | HTML/Text | Link | View |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
|---|---|---|---|---|---|
| No bill amendments currently on file for Michigan SB0632 | |||||
Supplemental Documents
| Title | Description | Date | Format | Source | View |
|---|---|---|---|---|---|
| Fiscal Note/Analysis | SUMMARY OF INTRODUCED BILL IN COMMITTEE | 2024-02-27 | Link | View | |
| Fiscal Note/Analysis | SUMMARY OF BILL REPORTED FROM COMMITTEE | 2024-03-11 | Link | View | |
| Fiscal Note/Analysis | House: Summary as Passed by the Senate | 2024-04-17 | Link | View | |
| Fiscal Note/Analysis | Senate: ANALYSIS AS PASSED BY THE SENATE | 2024-10-09 | Link | View |
