2003 Senate Bill 246 / Public Act 37

Introduced in the Senate

March 4, 2003

Introduced by Sen. Jud Gilbert (R-25)

To establish in statute that a person whose business is financing vehicle purchases and leases is not an “automobile dealer” subject to auto dealer licensure.

Referred to the Committee on Economic Development, Small Business, and Regulatory Reform

May 13, 2003

Reported without amendment

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

May 14, 2003

Substitute offered

To replace the previous version of the bill with one which incorporates technical changes that do not affect the substance of the bill as previously described.

The substitute passed by voice vote

May 15, 2003

Passed in the Senate 37 to 0 (details)

Received in the House

May 15, 2003

Referred to the Committee on Commerce

June 10, 2003

Reported without amendment

Without amendment and with the recommendation that the bill pass.

June 17, 2003

Passed in the House 107 to 0 (details)

To establish in statute that a person whose business is financing vehicle purchases and leases is not an “automobile dealer” subject to auto dealer licensure.

Signed by Gov. Jennifer Granholm

July 2, 2003