2023 House Bill 5364

Financial institutions: payday lending; citations to the motor vehicle sales finance act in the deferred presentment service transactions act; revise.

A bill to amend 2005 PA 244, entitled “Deferred presentment service transactions act,” by amending section 2 (MCL 487.2122), as amended by 2016 PA 140.

Introduced in the House

Nov. 14, 2023

Introduced by Reps. Sharon MacDonell (D-56) and Sharon MacDonell (D-56)

Referred to the Committee on Judiciary

Jan. 10, 2024

Referred to the Committee on Insurance and Financial Services