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Introduced March 17, 2026
Official text and analysis
Financial institutions: payday lending; deferred presentment services transactions act; revise internal references related to money transmission services. Amends sec. 2 of 2005 PA 244 (MCL 487.2122).
Sponsor: John Damoose
Cosponsors: Rosemary Bayer, Mary Cavanagh, Roger Victory, Veronica Klinefelt
Referred to Senate Finance, Insurance, and Consumer Protection Committee
