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SB0749

Consumer protection: other; citations to the motor vehicle sales finance act in the consumer financial services act; revise. Amends secs. 2 & 6 of 1988 PA 161 (MCL 487.2052 & 487.2056). TIE BAR WITH: SB 0739'25

Introduced·12/16/25
Introduced Text

Michigan SB0749 revises citations to the motor vehicle sales finance act in the consumer financial services act.

Michigan SB0749 amends sections 2 and 6 of the 1988 PA 161, known as the Consumer Financial Services Act. The bill revises citations to the Motor Vehicle Sales Finance Act within the Consumer Financial Services Act. It also updates definitions and provisions related to financial licensing acts, including the Secondary Mortgage Loan Act, the Mortgage Brokers, Lenders, and Servicers Licensing Act, and the Money Transmission Services Act.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
In committee
Next
Committee decision

Sponsors

DD
2
0
Democratic CaucusRepublican Caucus

Roll Call Votes

Reported Favorably Without Amendment 4/22/2026

5 Yea

DDDDD

3 Nay

RRR

Calendar

Apr 22

12:15 PM

Senate Finance, Insurance, and Consumer Protection

Mar 24

2:15 PM

Senate Finance, Insurance, and Consumer Protection

History

Jun 10

Senate

Reported By Committee Of The Whole Favorably Without Amendment(s)

Jun 10

Senate

Placed On Order Of Third Reading

Apr 23

Senate

Reported Favorably Without Amendment 4/22/2026