SB0701Introduced in the Senate
Consumer credit: interest rates; maximum interest rate allowed for medical debt; modify. Amends sec. 3 of 1976 PA 331 (MCL 445.903). TIE BAR WITH: SB 0702'25
Introduced by Jonathan Lindsey, District 17
What does this bill do?
Plain-English breakdown
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Official description
Consumer credit: interest rates; maximum interest rate allowed for medical debt; modify. Amends sec. 3 of 1976 PA 331 (MCL 445.903). TIE BAR WITH: SB 0702'25
Where it stands
Referred To Second Reading
June 17, 2026
How did lawmakers vote?
House votes
1 recorded vote · each counted separately
Senate votes
2 recorded votes · each counted separately
HouseStage: Reported With Recommendation Without Amendment · June 17, 2026
15
Yes
0
No
0
Absent or Not Voting
15 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| Jason Hoskins | 18 | Yes |
| Morgan Foreman | 33 | Yes |
| Steve Frisbie | 44 | Yes |
| Kathy Schmaltz | 46 | Yes |
| Brenda Carter | 53 | Yes |
| Mark Tisdel | 55 | Yes |
| Alicia St. Germaine | 62 | Yes |
| Cynthia Neeley | 70 | Yes |
| Angela Witwer | 76 | Yes |
| Nancy DeBoer | 86 | Yes |
Bill history
Introduced By Senator Jonathan Lindsey
Referred To Committee On Finance, Insurance, And Consumer Protection
Senate Co-sponsor(s) Named: Mallory Mcmorrow
Senate Co-sponsor(s) Named: Jeremy Moss
Reported Favorably Without Amendment 3/4/2026
Referred To Committee Of The Whole
Reported By Committee Of The Whole Favorably With Substitute (s-1)
Substitute (s-1) Concurred In
Placed On Order Of Third Reading With Substitute (s-1)
Passed Roll Call # 27 Yeas 35 Nays 0 Excused 2 Not Voting 0
Received On 03/11/2026
Read A First Time
Referred To Committee On Health Policy
Reported With Recommendation Without Amendment
Referred To Second Reading
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