Michigan · 2025-2026
HB 5569
Financial institutions: generally; criminal usury; amend to exempt earned wage access services. Amends 1968 PA 259 (MCL 438.41 - 438.42) by adding sec. 1a. TIE BAR WITH: HB 5558'26
Bill record: Open States bulk CSV (bills/votes) CC0-1.0
Summary AI-generated
HB 5569 amends the 1968 Public Act 259 to add a new section exempting earned wage access services from criminal usury provisions. This legislation is tied to HB 5558 of the 2026 session.
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
- Peter Herzberg Democratic lead
- Doug Wozniak Republican
- Greg Alexander Republican
- Joe Tate Democratic
- J.R. Roth Republican
- Matt Bierlein Republican
- Tullio Liberati Democratic
- Tyrone Carter Democratic
- Will Bruck Republican
- Will Snyder Democratic