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• Introduced by Rep. Richard J. Ball (R) on January 17, 2008, to revise the status of certain Utah banks in Michigan statute (specifically, "Industrial Loan Companies" or ILCs) in a way that would prohibit Wal-Mart from using its own Utah bank (ILC) to process credit card transactions at its Michigan stores.
  • Referred to the House Banking and Financial Services Committee on January 17, 2008.