2026 Senate Bill 830

Financial institutions: small loan companies; licensed providers of deferred presentment service transactions to make certain small loans; allow.

A bill to amend 2005 PA 244, entitled “Deferred presentment service transactions act,” by amending the title and sections 2, 11, 13, 15, 17, 19, 22, 31, 32, 33, 34, 35, 36, 45, 48, and 53 (MCL 487.2122, 487.2131, 487.2133, 487.2135, 487.2137, 487.2139, 487.2142, 487.2151, 487.2152, 487.2153, 487.2154, 487.2155, 487.2156, 487.2165, 487.2168, and 487.2173), section 2 as amended by 2016 PA 140 and section 35 as amended by 2016 PA 141, and by adding sections 24, 25, 31a, and 32a.

Introduced in the Senate

March 10, 2026

Introduced by Sen. Sarah Anthony (D-21)

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