The bill amends Michigan's existing law on home solicitation sales, specifically updating the 1971 PA 227. It introduces new definitions for terms such as "business day," "home solicitation sale," and "goods or services," while removing references to telephone solicitation. The bill clarifies that a home solicitation sale occurs through personal or written solicitation at the buyer's residence and outlines exclusions for certain sales, including those made after prior negotiations at a fixed location and insurance sales by licensed agents. Additionally, it mandates that sellers provide a written agreement to buyers, which must include a cancellation notice and statements regarding the buyer's rights, ensuring consistency with any oral presentations made during the sale.

Furthermore, the bill proposes the repeal of Sections 1a to 1e of the 1971 Public Act 227, streamlining the regulations surrounding home solicitation sales. It also includes a provision that the bill will not take effect unless Senate Bill No. 351 of the 103rd Legislature is enacted, indicating that these changes are part of a broader legislative initiative.

Statutes affected:
Senate Introduced Bill: 445.111, 445.113