The bill amends the Michigan Consumer Protection Act to strengthen consumer protections by prohibiting deceptive practices in trade or commerce. It introduces new definitions such as "elder," "nonprofit organization," "small business," and "vulnerable adult," while clarifying the definition of "business opportunity." The act will not apply to certain transactions authorized by regulatory bodies, and it grants the attorney general the authority to take action against violators, including imposing civil fines, particularly for offenses targeting elders or vulnerable adults. The bill also enhances the attorney general's investigative powers, allowing for the demand of information, testimony, and document production relevant to investigations.

Additionally, the bill outlines a process for the attorney general or prosecuting attorney to issue written demands regarding alleged violations, including requirements for compliance and the opportunity for recipients to object. It establishes penalties for non-compliance and ensures confidentiality of information until enforcement actions commence. The legislation creates a consumer protection and antitrust revolving enforcement and education fund, detailing the allocation of attorney fees and proceeds from enforcement actions. It also clarifies the attorney general's authority to initiate class action lawsuits on behalf of affected individuals, enabling the recovery of damages and civil fines for violations of consumer protection laws.

Statutes affected:
Senate Introduced Bill: 445.902
As Passed by the Senate: 445.902