• Introduced
    Nov 06, 2025
  • Passed Senate
    Mar 11, 2026
  • Passed House
  • Became Law
SB 701
Michigan Senate Bill
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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
Last Action See all actions
House • Mar 11, 2026: referred to Committee on Health Policy

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  • Mar 11, 2026 | House
    • received on 03/11/2026
    • read a first time
    • referred to Committee on Health Policy
  • Mar 11, 2026 | Senate
    • PASSED ROLL CALL # 27 YEAS 35 NAYS 0 EXCUSED 2 NOT VOTING 0
  • Mar 10, 2026 | Senate
    • REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE (S-1)
    • SUBSTITUTE (S-1) CONCURRED IN
    • PLACED ON ORDER OF THIRD READING WITH SUBSTITUTE (S-1)
  • Mar 05, 2026 | Senate
    • REPORTED FAVORABLY WITHOUT AMENDMENT 3/4/2026
    • REFERRED TO COMMITTEE OF THE WHOLE
  • Nov 06, 2025 | Senate
    • INTRODUCED BY SENATOR JONATHAN LINDSEY
    • REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION