HB5569Introduced in the House
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. TIE BAR WITH: HB 5558'26
Introduced by Peter Herzberg, District 25
What does this bill do?
Plain-English breakdown
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Official description
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. TIE BAR WITH: HB 5558'26
Where it stands
Referred To Second Reading
April 30, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Introduced By Representative Rep. Peter Herzberg
Read A First Time
Referred To Committee On Regulatory Reform
Bill Electronically Reproduced 02/24/2026
Reported With Recommendation Without Amendment
Referred To Second Reading
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