Michigan bills · 2025-2026 Regular Session
Michigan SB 701
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
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Jonathan Lindsey (Republican)
Cosponsors (4)
- Jeremy Moss (Democratic)
- Mallory McMorrow (Democratic)
- Mary Cavanagh (Democratic)
- Sarah Anthony (Democratic)
Summary
No official summary is available for this bill.
Latest action(Jun 17, 2026): referred to second reading
Text versions
- As Passed by the Senate
- Senate Introduced Bill
- Substitute (S-1) - 3
- Substitute (S-1) - 2
- Substitute (S-1)
Roll-call votes
State vote data last updated Oct 15, 2026, 8:04 PM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Mar 11, 2026 Senate | PASSED ROLL CALL # 27 YEAS 35 NAYS 0 EXCUSED 2 NOT VOTING 0 | pass | Set your home in Michigan to see |
Actions
- Jun 17, 2026 · House
referred to second reading - Jun 17, 2026 · House
reported with recommendation without amendment - Mar 11, 2026 · House
referred to Committee on Health Policy - Mar 11, 2026 · House
read a first time - Mar 11, 2026 · House
received on 03/11/2026 - Mar 11, 2026 · Senate
PASSED ROLL CALL # 27 YEAS 35 NAYS 0 EXCUSED 2 NOT VOTING 0 - Mar 10, 2026 · Senate
PLACED ON ORDER OF THIRD READING WITH SUBSTITUTE (S-1) - Mar 10, 2026 · Senate
SUBSTITUTE (S-1) CONCURRED IN - Mar 10, 2026 · Senate
REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE (S-1) - Mar 5, 2026 · Senate
REFERRED TO COMMITTEE OF THE WHOLE - Mar 5, 2026 · Senate
REPORTED FAVORABLY WITHOUT AMENDMENT 3/4/2026 - 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
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION - Nov 6, 2025 · Senate
INTRODUCED BY SENATOR JONATHAN LINDSEY