SB 7012025 to 2026
bill
103rd Legislature (2025 to 2026) · State Senate bill
SB 701
Consumer credit: interest rates; maximum interest rate allowed for medical debt; modify. Amends sec. 3 of 1976 PA 331 (MCL 445.903). TIE BAR WITH: SB 0702'25
In committee Last action June 17, 2026: referred to second reading
Official bill page and text: legislature.mi.gov
Sponsors 5
- Prime sponsor
- Jonathan Lindsey
- Cosponsors (4)
- Jeremy Moss, Mallory McMorrow, Mary Cavanagh, Sarah Anthony
Status
In committee as of June 17, 2026. The 103rd Legislature serves until the 104th convenes on January 13, 2027.
Referred to: House Health Policy, Senate Finance, Insurance and Consumer Protection (from the official referral record)
Roll-call votes 1
March 11, 2026State SenatePASSED ROLL CALL # 27 YEAS 35 NAYS 0 EXCUSED 2 NOT VOTING 0Passed35-0
yes (35) Albert, Anthony, Bayer, Bellino, Brinks, Bumstead, Camilleri, Cavanagh, Chang, Cherry, Daley, Damoose, Hauck, Hertel, Hoitenga, Huizenga, Irwin, Johnson, Klinefelt, Lindsey, McBroom, McCann, McMorrow, Moss, Nesbitt, Outman, Polehanki, Runestad, Santana, Shink, Singh, Theis, Victory, Webber, Wojno
Timeline 15
| Date | Chamber | Action |
|---|---|---|
| June 17, 2026 | House | referred to second reading |
| June 17, 2026 | House | reported with recommendation without amendment |
| March 11, 2026 | House | referred to Committee on Health Policy |
| March 11, 2026 | House | read a first time |
| March 11, 2026 | House | received on March 11, 2026 |
| March 11, 2026 | Senate | PASSED ROLL CALL # 27 YEAS 35 NAYS 0 EXCUSED 2 NOT VOTING 0 |
| March 10, 2026 | Senate | PLACED ON ORDER OF THIRD READING WITH SUBSTITUTE (S-1) |
| March 10, 2026 | Senate | SUBSTITUTE (S-1) CONCURRED IN |
| March 10, 2026 | Senate | REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE (S-1) |
| March 5, 2026 | Senate | REFERRED TO COMMITTEE OF THE WHOLE |
| March 5, 2026 | Senate | REPORTED FAVORABLY WITHOUT AMENDMENT March 4, 2026 |
| January 29, 2026 | Senate | SENATE CO-SPONSOR(S) NAMED: JEREMY MOSS |
| November 13, 2025 | Senate | SENATE CO-SPONSOR(S) NAMED: MALLORY MCMORROW |
| November 6, 2025 | Senate | REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION |
| November 6, 2025 | Senate | INTRODUCED BY SENATOR JONATHAN LINDSEY |
Data: Open States (API v3; public data, attribution appreciated). Official record: legislature.mi.gov. Bill pages link to the official text, not copied.