HB 5569 MI
Financial institutions: generally; criminal usury; amend to exempt earned wage access services. Amends 1968 PA 259 (MCL 438.41 - 438.42) by adding sec. 1a. TIE BAR WITH: HB 5558'26
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Sponsor (1)
- Peter Herzberg Democratic · primary
9 coauthors / cosponsors
- Gregory Alexander Republican · cosponsor
- Will Snyder Democratic · cosponsor
- Matt Bierlein Republican · cosponsor
- Douglas Wozniak Republican · cosponsor
- Joseph Tate Democratic · cosponsor
- John Roth Republican · cosponsor
- Tullio Liberati Democratic · cosponsor
- Tyrone Carter Democratic · cosponsor
- William Bruck Republican · cosponsor
Action history (6)
- Feb 24, 2026 introduced by Representative Rep. Peter Herzberg · lower
- Feb 24, 2026 read a first time · lower
- Feb 24, 2026 referred to Committee on Regulatory Reform · lower
- Feb 26, 2026 bill electronically reproduced 02/24/2026 · lower
- Apr 30, 2026 reported with recommendation without amendment · lower
- Apr 30, 2026 referred to second reading · lower
Subjects
Financial institutions: generally
Full text
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