103rd Legislature (2025 to 2026) · House of Representatives bill

HB 5552

Consumer credit: interest rates; prepayment penalties on certain mortgage loans made for business purposes; allow. Amends sec. 1c of 1966 PA 326 (MCL 438.31c).

In committee Last action June 2, 2026: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Official bill page and text: legislature.mi.gov

Sponsors 4

Prime sponsor

Mark Tisdel

Cosponsors (3)

Brenda Carter, Thomas Kuhn, Tyrone Carter

Status

In committee as of June 2, 2026. The 103rd Legislature serves until the 104th convenes on January 13, 2027.

Referred to: House Finance, Senate Finance, Insurance and Consumer Protection (from the official referral record)

Roll-call votes 1

May 21, 2026House of Representativespassed; given immediate effect Roll Call #164 Yeas 81 Nays 26 Excused 0 Not Voting 3Passed81-26

yes (81) Alexander, Aragona, Arbit, BeGole, Bierlein, Bohnak, Bollin, Borton, Breen, Carra, Carter, B., Carter, T., Cavitt, Conlin, DeBoer, DeBoyer, DeSana, Fairbairn, Farhat, Fitzgerald, Frisbie, Green, P., Greene, J., Hall, Harris, Herzberg, Hoadley, Hoskins, Jenkins-Arno, Johnsen, Kelly, Kuhn, Kunse, Liberati, Lightner, Linting, Maddock, Markkanen, Martin, Martus, Meerman, Mentzer, Mueller, Neeley, Neyer, Outman, O’Neal, Paiz, Paquette, Pavlov, Posthumus, Prestin, Puri, Rigas, Robinson, Rogers, Roth, Schmaltz, Schriver, Schuette, Scott, Skaggs, Slagh, Smit, Snyder, St. Germaine, Steckloff, Steele, Tate, Thompson, Tisdel, Tsernoglou, VanWoerkom, VanderWall, Wendzel, Witwer, Wooden, Woolford, Wozniak, Xiong, Young

no (26) Andrews, Beson, Brixie, Bruck, Byrnes, Coffia, Dievendorf, Edwards, Foreman, Glanville, Grant, Koleszar, Longjohn, MacDonell, McFall, McKinney, Miller, Morgan, Myers-Phillips, Pohutsky, Price, Rheingans, Wegela, Weiss, Wilson, Wortz

Official roll call

Timeline 13

Date	Chamber	Action
June 2, 2026	Senate	REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
June 2, 2026	Senate	PASSED BY HOUSE WITH IMMEDIATE EFFECT
May 21, 2026	House	transmitted
May 21, 2026	House	passed; given immediate effect Roll Call #164 Yeas 81 Nays 26 Excused 0 Not Voting 3
May 21, 2026	House	read a third time
April 29, 2026	House	placed on third reading
April 29, 2026	House	read a second time
March 17, 2026	House	referred to second reading
March 17, 2026	House	reported with recommendation without amendment
February 24, 2026	House	bill electronically reproduced February 19, 2026
February 19, 2026	House	referred to Committee on Finance
February 19, 2026	House	read a first time
February 19, 2026	House	introduced by Representative Rep. Mark Tisdel

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