MI HB5253 | 2019-2020 | 100th Legislature
Status
Spectrum: Partisan Bill (Democrat 33-1)
Status: Engrossed on May 27 2020 - 50% progression, died in committee
Action: 2020-05-28 - Referred To Committee On Regulatory Reform
Pending: Senate Regulatory Reform Committee
Text: Latest bill text (Engrossed) [HTML]
Status: Engrossed on May 27 2020 - 50% progression, died in committee
Action: 2020-05-28 - Referred To Committee On Regulatory Reform
Pending: Senate Regulatory Reform Committee
Text: Latest bill text (Engrossed) [HTML]
Summary
Financial institutions; payday lending; legislative report requirement concerning deferred presentment service providers and transactions; revise. Amends sec. 51 of 2005 PA 244 (MCL 487.2171).
Title
Financial institutions; payday lending; legislative report requirement concerning deferred presentment service providers and transactions; revise. Amends sec. 51 of 2005 PA 244 (MCL 487.2171).
Sponsors
Roll Calls
2020-05-27 - House - House Third Reading: Given Immediate Effect Roll Call # 217 (Y: 98 N: 9 NV: 0 Abs: 0) [PASS]
2020-05-27 - House - Reported With Recommendation With Substitute H-3 (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
2020-05-27 - House - Reported With Recommendation With Substitute H-3 (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2020-05-28 | Senate | Referred To Committee On Regulatory Reform |
| 2020-05-27 | House | Transmitted |
| 2020-05-27 | House | Passed; Given Immediate Effect Roll Call # 217 Yeas 98 Nays 9 Excused 0 Not Voting 2 |
| 2020-05-27 | House | Read A Third Time |
| 2020-05-27 | House | Placed On Immediate Passage |
| 2020-05-27 | House | Placed On Third Reading |
| 2020-05-27 | House | Substitute (h-3) Adopted |
| 2020-05-27 | House | Read A Second Time |
| 2020-05-27 | House | Referred To Second Reading |
| 2020-05-27 | House | Reported With Recommendation With Substitute (h-3) |
| 2019-12-10 | House | Referred To Committee On Ways And Means |
| 2019-11-20 | House | Bill Electronically Reproduced 11/20/2019 |
| 2019-11-13 | House | Referred To Committee On Regulatory Reform |
| 2019-11-13 | House | Read A First Time |
| 2019-11-13 | House | Introduced By Representative Sherry Gay-dagnogo |
Subjects
Consumer credit: collection practices
Consumer credit: lending practices
Financial institutions: payday lending
Legislature: reports
State agencies (existing): insurance and financial services
Consumer credit: lending practices
Financial institutions: payday lending
Legislature: reports
State agencies (existing): insurance and financial services
