2015 Senate Bill 656 / 2016 Public Act 167

Clarify “re-po” licensure scope

Introduced in the Senate

Dec. 10, 2015

Introduced by Sen. Rick Jones (R-24)

To clarify that the act of hiring and turning over uncollected bills to a bill collection agency for possible repossession actions do not come under the regulations, restrictions, licensure requirements and more that apply to the actual repossession process.

Referred to the Committee on Banking and Financial Institutions

Feb. 18, 2016

Reported without amendment

With the recommendation that the bill pass.

March 3, 2016

Passed in the Senate 38 to 0 (details)

Received in the House

March 3, 2016

Referred to the Committee on Financial Services

March 23, 2016

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

May 18, 2016

Amendment offered by Rep. Rob VerHeulen (R-74)

To specify that the bill only applies if unpaid bills are turned over to a licenses re-po agency.

The amendment passed by voice vote

May 19, 2016

Passed in the House 74 to 35 (details)

To clarify that the act of hiring and turning over uncollected bills to a bill collection agency for possible repossession actions do not come under the regulations, restrictions, licensure requirements and more that apply to the actual repossession process.

Received in the Senate

May 24, 2016

Passed in the Senate 37 to 0 (details)

Signed by Gov. Rick Snyder

June 8, 2016