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2017 Senate Bill 728: Clarify state credit card regulations
Introduced by Sen. Peter MacGregor (R) on December 13, 2017
To update details and definitions in a law that governs consumer credit card transactions. The bill adds language clarifying the scope of this law (meaning that it applies to credit granted for personal, household or family purposes, not commercial ones).   Official Text and Analysis.
Referred to the Senate Banking and Financial Institutions Committee on December 13, 2017
Reported in the Senate on January 24, 2018
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Amendment offered in the Senate on May 3, 2018
To clarify definitions in the bill, effectively making the new ones retroacttive.
The amendment passed by voice vote in the Senate on May 3, 2018
Passed 36 to 0 in the Senate on May 8, 2018.
    See Who Voted "Yes" and Who Voted "No".
(same description)
To update details and definitions in a law that governs consumer credit card transactions. The bill adds language clarifying the scope of this law (meaning that it applies to credit granted for personal, household or family purposes, not commercial ones).
Received in the House on May 8, 2018
Referred to the House Financial Services Committee on May 8, 2018
Reported in the House on December 4, 2018
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Passed 92 to 17 in the House on December 21, 2018.
    See Who Voted "Yes" and Who Voted "No".
(same description)
To update details and definitions in a law that governs consumer credit card transactions. The bill adds language clarifying the scope of this law (meaning that it applies to credit granted for personal, household or family purposes, not commercial ones).
Vetoed by Gov. Rick Snyder on December 27, 2018

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