2023 House Bill 4343

Financial institutions: payday lending; legislative report requirement concerning deferred presentment service providers and transactions; revise.

A bill to amend 2005 PA 244, entitled “Deferred presentment service transactions act,” by amending section 51 (MCL 487.2171).

Introduced in the House

Introduced by Rep. Jennifer Conlin (D-48) and 17 co-sponsors

Referred to the Committee on Insurance and Financial Services

Reported with substitute H-1

Substitute H-1 concurred in by voice vote

The substitute passed by voice vote

Passed in the House 97 to 12 (details)

Motion to give immediate effect by Rep. Abraham Aiyash (D-9)

The motion prevailed by voice vote

Referred to the Committee on Finance, Insurance, and Consumer Protection

Reported with substitute S-1

Referred to the Committee of the Whole

Reported with substitute S-1

Substitute S-1 concurred in by voice vote

Substitute S-2 offered by Sen. Mary Cavanagh (D-6)

The substitute passed by voice vote

Passed in the Senate 38 to 0 (details)