Michigan HB 5097: Financial institutions: small loan companies; licensed providers of deferred presentment service transactions to make certain small loans; allow. Amends title & secs. 2, 11, 13, 15, 17, 22, 31, 32, 33, 34, 35, 36, 45 & 53 of 2005 PA 244 (MCL 487.2122 et seq.) & adds secs. 31a & 32a.
Status: REFERRED TO COMMITTEE ON REGULATORY REFORM (as of 2020-05-28)
State: Michigan · Session: 2019-2020 · Bill: HB 5097
Subjects: Financial institutions: small loan companies, Consumer credit: other, Consumer protection: other
Sponsors: Brandt Iden, Graham Filler, Jason Sheppard, Jewell Jones, John Chirkun, Joseph Tate, Matt Hall, Michael Webber, Pauline Wendzel, Sara Cambensy
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