Bill Sponsor
Michigan House Bill 5552
Session 2025-2026
Consumer credit: interest rates; prepayment penalties on certain mortgage loans made for business purposes; allow. Amends sec. 1c of 1966 PA 326 (MCL 438.31c).
Active
Active
Passed House on May 21, 2026
First Action
Feb 19, 2026
Latest Action
May 21, 2026
Origin Chamber
House
Type
Bill
Bill Number
5552
State
Michigan
Session
2025-2026
Sponsorship by Party
Republican
Primary
Democrat
Cosponsor
Republican
Cosponsor
Democrat
Cosponsor
Actions (11)
05/21/2026
House
transmitted
05/21/2026
House
passed; given immediate effect Roll Call #164 Yeas 81 Nays 26 Excused 0 Not Voting 3
05/21/2026
House
read a third time
04/29/2026
House
placed on third reading
04/29/2026
House
read a second time
03/17/2026
House
referred to second reading
03/17/2026
House
reported with recommendation without amendment
02/24/2026
House
bill electronically reproduced 02/19/2026
02/19/2026
House
referred to Committee on Finance
02/19/2026
House
read a first time
02/19/2026
House
introduced by Representative Rep. Mark Tisdel
Sources
Record Created
Mar 3, 2026 8:01:34 PM
Record Updated
May 26, 2026 3:14:41 PM