Occupations: collection practices; references to collection agencies in professional investigator licensure act; revise. Amends sec. 4 of 1965 PA 285 (MCL 338.824). TIE BAR WITH: HB 4887'25

HB 4888 amends Michigan's Professional Investigator Licensure Act (1965 PA 285) to clarify an exemption for collection agencies and their employees from requiring a professional investigator license. Specifically, it revises Section 4(f) to explicitly state that collection agencies are exempt when conducting investigations incidental to debt collection - such as locating debtors or identifying assets where the client has a financial interest - while acting within their employment scope. This change directly affects licensed collection agencies and their staff in Michigan, ensuring they are not subject to unnecessary licensing requirements for standard debt recovery activities. The bill is tied to the enactment of HB 4887 and is currently under review by the Committee on Regulatory Reform.