MI SB 701

in committee

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

Michigan · 2025-2026 Regular Session (103rd Legislature) · upper

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Quick answers

Did MI SB 701 pass?

Not yet. MI SB 701 is in committee and has not come to a final vote. Latest recorded action (2026-06-17): referred to second reading

What is MI SB 701 about?

MI SB 701 is a bill in the 2025-2026 Regular Session (103rd Legislature) titled “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”.

Who sponsors MI SB 701?

Jonathan Lindsey is the primary sponsor of MI SB 701, joined by 4 cosponsors.

Introduced: 2025-11-06
Latest action: 2026-06-17 — referred to second reading
Bill type: bill
Last updated: —

Subjects

Committees

Not provided by source.

Action timeline

Newest first

2026-06-17
referred to second reading
2026-06-17
reported with recommendation without amendment
committee-passage
2026-03-11
referred to Committee on Health Policy
referral-committee
2026-03-11
read a first time
reading-1
2026-03-11
received on 03/11/2026
introduction
2026-03-11
PASSED ROLL CALL # 27 YEAS 35 NAYS 0 EXCUSED 2 NOT VOTING 0
passage
2026-03-10
PLACED ON ORDER OF THIRD READING WITH SUBSTITUTE (S-1)
2026-03-10
SUBSTITUTE (S-1) CONCURRED IN
2026-03-10
REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE (S-1)
committee-passage
2026-03-05
REFERRED TO COMMITTEE OF THE WHOLE
referral-committee
2026-03-05
REPORTED FAVORABLY WITHOUT AMENDMENT 3/4/2026
committee-passage
2026-01-29
SENATE CO-SPONSOR(S) NAMED: JEREMY MOSS
2025-11-13
SENATE CO-SPONSOR(S) NAMED: MALLORY MCMORROW
2025-11-06
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
referral-committee
2025-11-06
INTRODUCED BY SENATOR JONATHAN LINDSEY
introduction

Versions

As Passed by the SenateCompare
Senate Introduced BillCompare
Substitute (S-1) - 3Compare
Substitute (S-1) - 2Compare
Substitute (S-1)Compare
(document, no version)Compare

Documents

Votes

PASSED ROLL CALL # 27 YEAS 35 NAYS 0 EXCUSED 2 NOT VOTING 0
2026-03-11 · pass · 35-0
Member-level votes (37)
- Albert: yes
- Cherry: yes
- Klinefelt: yes
- Runestad: yes
- Anthony: yes
- Daley: yes
- Lindsey: yes
- Santana: yes
- Bayer: yes
- Damoose: yes
- McBroom: yes
- Shink: yes
- Bellino: yes
- Hauck: yes
- McCann: yes
- Singh: yes
- Brinks: yes
- Hertel: yes
- McMorrow: yes
- Theis: yes
- Bumstead: yes
- Hoitenga: yes
- Moss: yes
- Victory: yes
- Camilleri: yes
- Huizenga: yes
- Nesbitt: yes
- Webber: yes
- Cavanagh: yes
- Irwin: yes
- Outman: yes
- Wojno: yes
- Chang: yes
- Johnson: yes
- Polehanki: yes
- Geiss: other
- Lauwers: other

Related bills

No related bills recorded for this bill.

Official source

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-SB-0701

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:24:27.556085Z

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