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Document Type(s): Bills
Legislative Session(s): 2019-2020
Detailed Category: Financial institutions: payday lending
(2 results found)
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Document Type Description
HB 4251 of 2019 House Bill 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).
Last Action: bill electronically reproduced 02/26/2019
HB 5253 of 2019 House Bill Financial institutions: payday lending; legislative report requirement concerning deferred presentment service providers and transactions; revise. Amends sec. 51 of 2005 PA 244 (MCL 487.2171).
Last Action: REFERRED TO COMMITTEE ON REGULATORY REFORM