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Mackinac Center for Public Policy
Capitol Building

2014 Senate Bill 947: Revise collection agency audit details
  1. Introduced by Sen. Rick Jones (R) on May 20, 2014, to delete a requirement that the Department of Licensing and Regulatory Affairs (LARA) audit a collection agency on a biennial basis. The agencies would still be subject to current regulations and record keeping requirements, however. The bill would also establish as "the intent of the legislature" that the regulations apply to debt collection agencies, not the companies that hire them.
    • Referred to the Senate Regulatory Reform Committee on May 20, 2014.
      • Reported in the Senate on May 27, 2014, with the recommendation that the substitute (S-1) be adopted and that the bill then pass.
    • Substitute offered in the Senate on June 4, 2014. The substitute passed by voice vote in the Senate on June 4, 2014.
  2. Passed 28 to 7 in the Senate on June 4, 2014.
    Who Voted "Yes" and Who Voted "No"

  3. Moved to reconsider by Sen. Arlan Meekhof (R) on June 4, 2014, the vote by which the bill was passed. The motion passed by voice vote in the Senate on June 4, 2014.
  4. Received in the Senate on June 4, 2014.
  5. Passed 27 to 9 in the Senate on June 4, 2014, to delete a requirement that the Department of Licensing and Regulatory Affairs (LARA) audit a collection agency on a biennial basis. The agencies would still be subject to current regulations and record keeping requirements, however. The bill would also establish as "the intent of the legislature" that the regulations apply to debt collection agencies, not the companies that hire them.
    Who Voted "Yes" and Who Voted "No"

  6. Received in the House on June 4, 2014.
    • Referred to the House Regulatory Reform Committee on June 4, 2014.

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