2024 House Bill 5460

Consumer protection: retail installment sales; payments under motor vehicle installment sale contracts; modify.

A bill to amend 1950 (Ex Sess) PA 27, entitled “Motor vehicle sales finance act,” by amending sections 12, 13, and 22 (MCL 492.112, 492.113, and 492.122), section 12 as amended by 1994 PA 2 and section 13 as amended by 2009 PA 231.

Introduced in the House

Feb. 21, 2024

Introduced by Rep. Alabas Farhat (D-3) and six co-sponsors

Co-sponsored by Reps. Graham Filler (R-93), Emily Dievendorf (D-77), Jim Haadsma (D-44), Carrie Rheingans (D-47), Tyrone Carter (D-1) and Rachel Hood (D-81)

Referred to the Committee on Regulatory Reform