Financial institutions: payday lending; deferred presentment service transactions that charge service fees greater than an annual rate of 36%; prohibit. Amends sec. 33 of 2005 PA 244 (MCL 487.2153).
Bill status
in committee
1 of 4 stages cleared
Introduction
Nov 2023
Committee Review
Floor Vote
Governor
Introduced Nov 1, 2023
Last action Nov 2, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Nov 1, 2023
Committee
referred to Committee on Insurance and Financial Services
lower
Nov 1, 2023
Introduced
introduced by Representative Abraham Aiyash
lower
1 primary · 22 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
AA
Abraham Aiyash
DDemocratic
Co
Alabas Farhat
DDemocratic
Co
Amos O'Neal
DDemocratic
Co
Carol Glanville
DDemocratic
Co
Cynthia Neeley
DDemocratic
Co
DZ
Dale Zorn
RRepublican
Co
Denise Mentzer
DDemocratic
Co
Donavan McKinney
DDemocratic
Co
Emily Dievendorf
DDemocratic
Co
FB
Felicia Brabec
DDemocratic
Co
Gina Johnsen
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 5290
Scope: MI
Hi! I can help you understand HB 5290. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline