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Michigan Legislature
Michigan Compiled Laws Complete Through PA 47 of 2019
House: Adjourned until Tuesday, August 20, 2019 12:00:00 PM
Senate: Adjourned until Tuesday, August 20, 2019 10:00:00 AM

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House Bill 4251 (2019) rss?
Friendly Link: http://legislature.mi.gov/doc.aspx?2019-HB-4251

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 Bryd, 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>>.
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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.
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Bill Analysis

(House actions in lowercase, Senate actions in UPPERCASE)
Date JournalAction
2/26/2019HJ 19 Pg. 182introduced by Representative William Sowerby
2/26/2019HJ 19 Pg. 182read a first time
2/26/2019HJ 19 Pg. 182referred to Committee on Financial Services
2/27/2019HJ 20 Pg. 189bill electronically reproduced 02/26/2019

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