2023 House Bill 5362

Consumer protection: other; citations to the motor vehicle sales finance act in the credit reform act; revise.

A bill to amend 1995 PA 162, entitled “Credit reform act,” by amending sections 2 and 5 (MCL 445.1852 and 445.1855), section 2 as amended by 1996 PA 419.

House Fiscal Agency Analysis

This bill would make complementary changes, and update citation references needed to implement HB 5354, in the following acts: • Credit Reform Act (HB 5362; MCL 445.1852 et seq.).

Introduced in the House

Nov. 14, 2023

Introduced by Reps. Sharon MacDonell (D-56) 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