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 5558'26Last Action: referred to second reading
Sponsored By: Peter Herzberg (Democratic)
Second Reading
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Peter Herzberg
Democratic • House
Cosponsors
Douglas Wozniak
Republican • House
Gregory Alexander
Republican • House
John Roth
Republican • House
Joseph Tate
Democratic • House
Matt Bierlein
Republican • House
Tullio Liberati
Democratic • House
Tyrone Carter
Democratic • House
Will Snyder
Democratic • House
William Bruck
Republican • House
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
referred to second reading
4/30/2026Housereported with recommendation without amendment
4/30/2026Housebill electronically reproduced 02/24/2026
2/26/2026Housereferred to Committee on Regulatory Reform
2/24/2026Houseread a first time
2/24/2026Houseintroduced by Representative Rep. Peter Herzberg
2/24/2026House
Bill Text
Introduced
2/24/2026
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