Michigan · 2025-2026

HB 5565

Financial institutions: other; deferred presentment service transactions act; provide for exemption for certain earned wage access services. Amends sec. 11 of 2005 PA 244 (MCL 487.2131). TIE BAR WITH: HB 5558'26

Bill record: Open States bulk CSV (bills/votes) CC0-1.0

Summary AI-generated

HB 5565 amends section 11 of the 2005 PA 244 to provide an exemption for certain earned wage access services under the Deferred Presentment Service Transactions Act. The bill is tied to HB 5558. It addresses financial institutions and deferred presentment service transactions in Michigan.

Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)

Issue tags AI-classified

Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)

Sponsors + 9 cosponsors