Michigan · 2025-2026 Regular Session · Bill
SB 837: Financial institutions: payday lending; deferred presentment services transactions act; revise internal references related to money transmission services. Amends sec. 2 of 2005 PA 244 (MCL 487.2122). TIE BAR WITH: SB 0835'26
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 837 is a bill introduced in the Michigan Senate on March 17, 2026. According to its official title, it concerns: Financial institutions: payday lending; deferred presentment services transactions act; revise internal references related to money transmission services. Amends sec. 2 of 2005 PA 244 (MCL 487.2122). TIE BAR WITH: SB 0835'26. Primary sponsor: John Damoose (Republican). It lists 4 additional sponsors. Most recent recorded action (March 17, 2026): REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION.
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 3 · Republican 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| John Damoose | Primary sponsor | Republican | Senate | 37 |
| Rosemary Bayer | Co-sponsor | Democratic | Senate | 13 |
| Mary Cavanagh | Co-sponsor | Democratic | Senate | 6 |
| Veronica Klinefelt | Co-sponsor | Democratic | Senate | 11 |
| Roger Victory | Co-sponsor | Republican | Senate | 31 |
“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 COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
- INTRODUCED BY SENATOR JOHN DAMOOSE