MichiganSB 07012025-2026 Regular SessionSenate

Consumer credit: interest rates; maximum interest rate allowed for medical debt; modify. Amends sec. 3 of 1976 PA 331 (MCL 445.903). TIE BAR WITH: SB 0702'25Last Action: referred to Committee on Health Policy

Sponsored By: Jonathan Lindsey (Republican)

Passed

Consumer credit: interest ratesHealth: other

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Jonathan Lindsey

    Republican • Senate

Cosponsors

  • Jeremy Moss

    Democratic • Senate

  • Mallory McMorrow

    Democratic • Senate

  • Mary Cavanagh

    Democratic • Senate

  • Sarah Anthony

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 35 • No: 0

Senate vote 3/11/2026

PASSED

Yes: 35 • No: 0 • Other: 2

Actions Timeline

  1. referred to Committee on Health Policy

    3/11/2026House
  2. read a first time

    3/11/2026House
  3. received on 03/11/2026

    3/11/2026House
  4. PASSED ROLL CALL # 27 YEAS 35 NAYS 0 EXCUSED 2 NOT VOTING 0

    3/11/2026Senate
  5. PLACED ON ORDER OF THIRD READING WITH SUBSTITUTE (S-1)

    3/10/2026Senate
  6. SUBSTITUTE (S-1) CONCURRED IN

    3/10/2026Senate
  7. REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE (S-1)

    3/10/2026Senate
  8. REFERRED TO COMMITTEE OF THE WHOLE

    3/5/2026Senate
  9. REPORTED FAVORABLY WITHOUT AMENDMENT 3/4/2026

    3/5/2026Senate
  10. REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

    11/6/2025Senate
  11. INTRODUCED BY SENATOR JONATHAN LINDSEY

    11/6/2025Senate

Bill Text

  • As Passed by the Senate

    3/11/2026

  • Introduced

    11/6/2025

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