Michigan · 2025-2026 Regular Session · Bill

HB 4116: Occupations: pawnbrokers; allowable rate of interest changed by pawnbrokers, increase. Amends secs. 8 & 9 of 1917 PA 273 (MCL 446.208 & 446.209). TIE BAR WITH: HB 4115'25

Passed one chamber Last action April 15, 2025: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Plain-language summary

HB 4116 is a bill introduced in the Michigan House on February 25, 2025. According to its official title, it concerns: Occupations: pawnbrokers; allowable rate of interest changed by pawnbrokers, increase. Amends secs. 8 & 9 of 1917 PA 273 (MCL 446.208 & 446.209). TIE BAR WITH: HB 4115'25. Primary sponsor: Tullio Liberati (Democratic). It lists 9 additional sponsors. Most recent recorded action (April 15, 2025): REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION.

Sponsors

Primary sponsor: Tullio Liberati (Democratic). 9 co-sponsors.