HB 4581

Consumer credit: interest rates; credit card interest rates; provide cap. Amends sec. 4 of 1995 PA 162 (MCL 445.1854).

In committee Last action June 10, 2025: bill electronically reproduced June 5, 2025

Official bill page and text: legislature.mi.gov

Sponsors 5

Prime sponsor: Alabas Farhat
Cosponsors (4): Carrie Rheingans, Erin Byrnes, Josh Schriver, Reggie Miller

Status

In committee as of June 10, 2025. The 103rd Legislature serves until the 104th convenes on January 13, 2027.

Referred to: House Regulatory Reform (from the official referral record)

Roll-call votes 0

No roll-call votes recorded for this measure.

Timeline 4

Date	Chamber	Action
June 10, 2025	House	bill electronically reproduced June 5, 2025
June 5, 2025	House	referred to Committee on Regulatory Reform
June 5, 2025	House	read a first time
June 5, 2025	House	introduced by Representative Rep. Alabas Farhat

Data: Open States (API v3; public data, attribution appreciated). Official record: legislature.mi.gov. Bill pages link to the official text, not copied.

Sources for this page

Bill, action and roll-call data from Open States (public data, attribution appreciated). Neither Michigan Capitol Guide nor this information, as presented here, is endorsed by the Michigan Legislature.