2023 House Bill 5361

Consumer protection: retail installment sales; citations to the motor vehicle sales finance act in the retail installment sales act; revise.

A bill to amend 1966 PA 224, entitled “Retail installment sales act,” by amending sections 1a, 3, 5, 6, and 11 (MCL 445.851a, 445.853, 445.855, 445.856, and 445.861), section 1a as amended by 1993 PA 112, section 3 as amended by 2009 PA 232, and section 11 as amended by 1995 PA 167.

House Fiscal Agency Analysis

This bill would make complementary changes, and update citation references needed to implement HB 5354, in the following acts: • Retail Installment Sales Act (HB 5361; MCL 445.851a et seq.).

Introduced in the House

Nov. 14, 2023

Introduced by Reps. Christine Morse (D-40) and Phil Skaggs (D-80)

Referred to the Committee on Judiciary

Jan. 10, 2024

Referred to the Committee on Insurance and Financial Services

May 23, 2024

Reported without amendment