2026 House Bill 6186

Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in 1966 PA 326.

A bill to amend 1966 PA 326, entitled "An act to regulate the rate of interest of money; to provide exceptions; to prescribe the rights of parties; and to repeal certain acts and parts of acts," by amending section 1c (MCL 438.31c), as amended by 1990 PA 94.

Introduced in the House

July 3, 2026

Introduced by Reps. Bill Schuette (R-95) and Mark Tisdel (R-55)

Referred to the Committee on Finance