Consumer credit: interest rates; maximum interest rate allowed for medical debt; modify. Amends sec. 3 of 1976 PA 331 (MCL 445.903). TIE BAR WITH: SB 0702'25
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More on this bill
Where it stands
Introduced
Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Jun 17referred to second readingLatest
Jun 17reported with recommendation without amendmentMinor
Mar 11referred to Committee on Health PolicyMinor
Vote recorded PASSED ROLL CALL # 27 YEAS 35 NAYS 0 EXCUSED 2 NOT VOTING 0. Result: pass.Upper
Mar 11read a first timeMinor
Mar 11received on 03/11/2026Minor
Mar 11PASSED ROLL CALL # 27 YEAS 35 NAYS 0 EXCUSED 2 NOT VOTING 0Passed Senate
Mar 10PLACED ON ORDER OF THIRD READING WITH SUBSTITUTE (S-1)
Mar 10SUBSTITUTE (S-1) CONCURRED IN
Mar 10REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE (S-1)Minor
Mar 5REFERRED TO COMMITTEE OF THE WHOLEMinor
Mar 5REPORTED FAVORABLY WITHOUT AMENDMENT 3/4/2026Minor
Jan 29SENATE CO-SPONSOR(S) NAMED: JEREMY MOSS
2025
Nov 13SENATE CO-SPONSOR(S) NAMED: MALLORY MCMORROW
Nov 6REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTIONMinor
Nov 6INTRODUCED BY SENATOR JONATHAN LINDSEYIntroduced