Michigan · 2025-2026 Regular Session · Bill
HB 5569: Financial institutions: generally; criminal usury; amend to exempt earned wage access services. Amends 1968 PA 259 (MCL 438.41 - 438.42) by adding sec. 1a. TIE BAR WITH: HB 5558'26
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 5569 is a bill introduced in the Michigan House on February 24, 2026. According to its official title, it concerns: Financial institutions: generally; criminal usury; amend to exempt earned wage access services. Amends 1968 PA 259 (MCL 438.41 - 438.42) by adding sec. 1a. TIE BAR WITH: HB 5558'26. Primary sponsor: Peter Herzberg (Democratic). It lists 9 additional sponsors. Most recent recorded action (April 30, 2026): referred to second reading.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Sponsors
Sponsors by party (alphabetical): Democratic 5 · Republican 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Peter Herzberg | Primary sponsor | Democratic | House | 25 |
| Greg Alexander | Co-sponsor | Republican | House | 98 |
| Matt Bierlein | Co-sponsor | Republican | House | 97 |
| Will Bruck | Co-sponsor | Republican | House | 30 |
| Tyrone Carter | Co-sponsor | Democratic | House | 1 |
| Tullio Liberati | Co-sponsor | Democratic | House | 2 |
| J.R. Roth | Co-sponsor | Republican | House | 104 |
| Will Snyder | Co-sponsor | Democratic | House | 87 |
| Joe Tate | Co-sponsor | Democratic | House | 9 |
| Doug Wozniak | Co-sponsor | Republican | House | 59 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- referred to second reading
- reported with recommendation without amendment
- bill electronically reproduced 02/24/2026
- referred to Committee on Regulatory Reform
- read a first time
- introduced by Representative Rep. Peter Herzberg