2008 House Bill 5637

Ban Wal-Mart bank

Introduced in the House

Jan. 17, 2008

Introduced by Rep. Richard Ball (R-85)

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 Committee on Banking and Financial Services