Michigan · 2025-2026 Regular Session · Bill

HB 5567: Financial institutions: generally; regulatory loan act; amend to exempt earned wage access services. Amends sec. 20 of 1939 PA 21 (MCL 493.20). TIE BAR WITH: HB 5558'26

In committee Last action April 30, 2026: referred to second reading

Plain-language summary

HB 5567 is a bill introduced in the Michigan House on February 24, 2026. According to its official title, it concerns: Financial institutions: generally; regulatory loan act; amend to exempt earned wage access services. Amends sec. 20 of 1939 PA 21 (MCL 493.20). TIE BAR WITH: HB 5558'26. Primary sponsor: Greg Alexander (Republican). It lists 6 additional sponsors. Most recent recorded action (April 30, 2026): referred to second reading.

Sponsors

Primary sponsor: Greg Alexander (Republican). 6 co-sponsors.