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Introduced February 24, 2026
Official text and analysis
Financial institutions: generally; criminal usury; amend to exempt earned wage access services. Amends 1968 PA 259 (MCL 438.41 - 438.42) by adding sec. 1a.
Sponsor: Peter Herzberg
Cosponsors: Gregory Alexander, William Snyder, Matt Bierlein, Douglas Wozniak, Joseph Tate, John Roth, Tullio Liberati, Tyrone Carter, William Bruck
Referred to House Regulatory Reform Committee
