Michigan · 2025-2026 Regular Session · Bill

HB 5254: 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: HB 5255'25

Passed one chamber Last action June 25, 2026: REFERRED TO COMMITTEE OF THE WHOLE

Plain-language summary

HB 5254 is a bill introduced in the Michigan House on November 12, 2025. According to its official title, it concerns: 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: HB 5255'25. Primary sponsor: Angela Rigas (Republican). It lists 14 additional sponsors. Most recent recorded action (June 25, 2026): REFERRED TO COMMITTEE OF THE WHOLE.

Sponsors

Primary sponsor: Angela Rigas (Republican). 14 co-sponsors.