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

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 5 Compare versions History 15 Sponsors

Jun 17, 2026 · House

reported with recommendation without amendment

Jun 17, 2026 · House

referred to second reading

Mar 11, 2026 · Senate

PASSED ROLL CALL # 27 YEAS 35 NAYS 0 EXCUSED 2 NOT VOTING 0

Mar 11, 2026 · House

received on 03/11/2026

Mar 11, 2026 · House

read a first time

Mar 11, 2026 · House

referred to Committee on Health Policy

Mar 10, 2026 · Senate

REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE (S-1)

Mar 10, 2026 · Senate

SUBSTITUTE (S-1) CONCURRED IN

Mar 10, 2026 · Senate

PLACED ON ORDER OF THIRD READING WITH SUBSTITUTE (S-1)

Mar 5, 2026 · Senate

REPORTED FAVORABLY WITHOUT AMENDMENT 3/4/2026

Mar 5, 2026 · Senate

REFERRED TO COMMITTEE OF THE WHOLE

Jan 29, 2026 · Senate

SENATE CO-SPONSOR(S) NAMED: JEREMY MOSS

Nov 13, 2025 · Senate

SENATE CO-SPONSOR(S) NAMED: MALLORY MCMORROW

Nov 6, 2025 · Senate

INTRODUCED BY SENATOR JONATHAN LINDSEY

Nov 6, 2025 · Senate

REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

PASSAGE PROBABILITY

20.9% Unlikely

Why this number

Stage base Passed First Chamber — base rate 33%, measured from MI's completed sessions
Momentum +3 65/100 from the pace of recorded action
Time since last action -15 116 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.