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 status
in committee
1 of 4 stages cleared
Introduction
Feb 2019
Committee Review
Floor Vote
Governor
Introduced Feb 26, 2019
Last action Feb 26, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Feb 26, 2019
Committee
referred to Committee on Financial Services
lower
Feb 26, 2019
Introduced
introduced by Representative William Sowerby
lower
0 primary · 36 co-sponsors
Sponsors
No sponsor information available.
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