STATE BILLMI SB 701ENGROSSED

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

State of Michigan

Status: Engrossed; Passed its first chamber
Status date: Mar 11, 2026; 246 days ago
Current chamber: House of Representatives
Session: 2025-2026 Regular Session

MI SB 701 · EngrossedMar 11

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Bill details

Last action: Referred To Second Reading · Jun 17, 2026

Bill history

Newest first.

Jun 17, 2026Referred To Second ReadingHouse

Jun 17, 2026Reported With Recommendation Without AmendmentHouse

Mar 11, 2026Referred To Committee On Health PolicyHouse

Mar 11, 2026Read A First TimeHouse

Mar 11, 2026Received On 03/11/2026House

Mar 11, 2026Passed Roll Call # 27 Yeas 35 Nays 0 Excused 2 Not Voting 0Senate

Mar 10, 2026Placed On Order Of Third Reading With Substitute (s-1)Senate

Mar 10, 2026Substitute (s-1) Concurred InSenate

Show 7 earlier actions

Mar 10, 2026Reported By Committee Of The Whole Favorably With Substitute (s-1)Senate

Mar 5, 2026Referred To Committee Of The WholeSenate

Mar 5, 2026Reported Favorably Without Amendment 3/4/2026Senate

Jan 29, 2026Senate Co-sponsor(s) Named: Jeremy MossSenate

Nov 13, 2025Senate Co-sponsor(s) Named: Mallory McmorrowSenate

Nov 6, 2025Referred To Committee On Finance, Insurance, And Consumer ProtectionSenate

Nov 6, 2025Introduced By Senator Jonathan LindseySenate

Recorded votes

Reported Favorably Without Amendment 3/4/2026Mar 5, 2026 · Senate · 7 yea · 0 nayPassed

Senate Third Reading: Passed Roll Call # 27Mar 11, 2026 · Senate · 35 yea · 0 nayPassed

Reported With Recommendation Without AmendmentJun 17, 2026 · House · 15 yea · 0 nayPassed

Subjects

Consumer credit: interest rates
Health: other

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State of Michigan profile →

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

What it means for vendors

Bill details

Sponsors

Bill history

Recorded votes

Subjects

Read the bill at the source

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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

What it means for vendors

Bill details

Sponsors

Bill history

Recorded votes

Subjects

Read the bill at the source

Start finding government buyers today.It's free.

Start finding government buyers today.
It's free.