Bill
HB 5239
Financial institutions: banking practices; restriction of services by savings banks based on environmental policies; prohibit. Amends sec. 210 of 1996 PA 354 (MCL 487.3210) & adds sec. 401a.
2025-2026 Regular Session
Introduced by Joe Aragona and 14 co-sponsors
HB 5239 limits savings-bank supervisory fees (max $0.25 per $1k assets, min $1k) and prohibits denying financial services to farmers for ESG-related reasons, with up to $10k fines.
bill electronically reproduced 11/06/2025