MICHIGAN LEGISLATURE(legislature.mi.gov)
Printed on 8/20/2025
Michigan Compiled Laws Complete Through PA 9 of 2025

House Bill 5290 of 2023

Sponsors

Categories

Financial institutions: payday lending; Consumer credit: interest rates; State agencies (existing): insurance and financial services
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).

Documents

[PDF] [HTML] House Introduced Bill
Introduced bills appear as they were introduced and reflect no subsequent amendments or changes

Analysis

House Fiscal Agency Analysis

[Summary as Introduced (4/17/2024) PDF] Summary as Introduced (4/17/2024)
This document analyzes HB5290

History

(House actions in lowercase, Senate actions in UPPERCASE)
Note: A page number of 0 indicates that the page number is coming soon
Date Journal Action
11/01/2023 HJ 92 Pg. 2212 introduced by Representative Abraham Aiyash
11/01/2023 HJ 92 Pg. 2212 read a first time
11/01/2023 HJ 92 Pg. 2212 referred to Committee on Insurance and Financial Services
11/02/2023 HJ 93 Pg. 2238 bill electronically reproduced 11/01/2023