A bill to amend 1950 (Ex Sess) PA 27, entitled “Motor vehicle sales finance act,” by amending the title and sections 2, 4, 5, 6, 6a, 7, 8, 9, 10, 11, 12, 13, 13a, 14, 14a, 15, 16, 16a, 17, 18, 19, 20, 21, 22, 22a, 28, 29, 30, 31, and 34 (MCL 492.102, 492.104, 492.105, 492.106, 492.106a, 492.107, 492.108, 492.109, 492.110, 492.111, 492.112, 492.113, 492.113a, 492.114, 492.114a, 492.115, 492.116, 492.116a, 492.117, 492.118, 492.119, 492.120, 492.121, 492.122, 492.122a, 492.128, 492.129, 492.130, 492.131, and 492.134), sections 2, 12, 13, 22, and 31 as amended by 2024 PA 94, section 4 as amended and section 6a as added by 2004 PA 283, sections 5, 6, and 7 as amended by 1988 PA 242, section 13a as added by 2005 PA 319, section 14 as amended by 2000 PA 361, section 14a as amended by 1980 PA 77, section 17 as amended by 2006 PA 302, section 18 as amended by 2002 PA 699, sections 19, 20, and 21 as amended by 1995 PA 166, and section 22a as amended by 1993 PA 107, and by adding sections 4a, 9a, and 37a; and to repeal acts and parts of acts.
Senate Bills 739 through 753 collectively modernize and harmonize Michigan’s consumer finance, commercial, and regulatory statutes by strengthening consumer protections, updating licensing, disclosure, titling, and enforcement frameworks, revising criminal penalties and sentencing guidelines, clarifying definitions across financial, environmental, lobbying, and identity-theft laws, and aligning state statutes with modern electronic, commercial, and regulatory practices, with most provisions contingent on the enactment of related legislation.
Introduced
by
Referred to the Committee on Finance, Insurance, and Consumer Protection
