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

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 6 Sponsors

Apr 30, 2026 · House

reported with recommendation without amendment

Apr 30, 2026 · House

referred to second reading

Feb 26, 2026 · House

bill electronically reproduced 02/24/2026

Feb 24, 2026 · House

referred to Committee on Regulatory Reform

Feb 24, 2026 · House

introduced by Representative Rep. Peter Herzberg

Feb 24, 2026 · House

read a first time

PASSAGE PROBABILITY

9.3% Unlikely

Why this number

Stage base Reported from Committee — base rate 29%, measured from MI's completed sessions
Momentum +2 59/100 from the pace of recorded action
Time since last action -22 165 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.