HB 5552

Michigan House bill in Session 2025-2026.

Status: in_committee. Latest action: June 2, 2026.

Consumer credit: interest rates; prepayment penalties on certain mortgage loans made for business purposes; allow.

Bill ID MI-2025-2026-HB-5552

Session 2025-2026

Status in_committee

Committee FINANCE, INSURANCE, AND CONSUMER PROTECTION

House in_committee 2026-06-02

Business / Commerce

Summary

Consumer credit: interest rates; prepayment penalties on certain mortgage loans made for business purposes; allow. Amends sec. 1c of 1966 PA 326 (MCL 438.31c).

Sponsor

Mark Tisdel

Official Source Back to Bills

Actions Timeline

Date	Event	Detail
2026-02-19	Introduced	Bill introduced
2026-06-02	Status	in_committee
2026-06-02	Latest Action	REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

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