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Michigan Legislature
Michigan Compiled Laws Complete Through PA 123 of 2019
House: Adjourned until Tuesday, December 10, 2019 1:30:00 PM
Senate: Adjourned until Tuesday, December 10, 2019 10:00:00 AM

Michigan Legislature

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House Bill 4251 (2019) rss?
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William Sowerby (district 31)
Matt Koleszar, Jim Haadsma, Jim Ellison, Nate Shannon, Ronnie Peterson, Leslie Love, Laurie Pohutsky, Darrin Camilleri, Kristy Pagan, Karen Whitsett, Kyra Harris Bolden, Sarah Anthony, Brian Elder, Brad Paquette, Steve Marino, Jeff Yaroch, Rachel Hood, Douglas Wozniak, Julie Calley, John Chirkun, Tyrone Carter, Sherry Gay-Dagnogo, Cara Clemente, David LaGrand, Tim Sneller, Jon Hoadley, Lori Stone, Kevin Hertel, Sheldon Neeley, Robert Wittenberg, Wendell Byrd, Kara Hope, Terry Sabo, Abdullah Hammoud, Frank Liberati, Jewell Jones

(click name to see bills sponsored by that person)

Financial institutions: payday lending; Consumer credit: interest rates; State agencies (existing): insurance and financial services;

Financial institutions; payday lending; deferred presentment service transactions that charge service fees greater than an annual rate of 36%; prohibit. Amends secs. 33 & 40 of 2005 PA 244 (MCL 487.2153 & 487.2160).

Bill Documents
Bill Document Formatting Information
The following bill formatting applies to the 2019-2020 session:
- New language in an amendatory bill will be shown in BOLD AND UPPERCASE.
- Language to be removed will be stricken.
- Amendments made by the House will be blue with square brackets, such as:
[House amended text].
- Amendments made by the Senate will be red with double greater/lesser than symbols, such as: <<Senate amended text>>.
(gray icons indicate that the action did not occur or that the document is not available)
Load the Text Version Load the PDF Version House Introduced Bill
Introduced bills appear as they were introduced and reflect no subsequent amendments or changes.
No Text Version Available No PDF Version Available As Passed by the House
As Passed by the House is the bill, as introduced, that includes any adopted House amendments.
No Text Version Available No PDF Version Available As Passed by the Senate
As Passed by the Senate is the bill, as received from the House, that includes any adopted Senate amendments.
No Text Version Available No PDF Version Available House Enrolled Bill
Enrolled bill is the version passed in identical form by both houses of the Legislature.

Bill Analysis
House Fiscal Agency Analysis
Load the Text Version Load the PDF VersionSummary As Introduced (10/2/2019)
This document analyzes: HB4251

(House actions in lowercase, Senate actions in UPPERCASE)
Date JournalAction
2/26/2019HJ 19 Pg. 180introduced by Representative William Sowerby
2/26/2019HJ 19 Pg. 180read a first time
2/26/2019HJ 19 Pg. 180referred to Committee on Financial Services
2/27/2019HJ 20 Pg. 189bill electronically reproduced 02/26/2019

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