Bill
HB 5568
Financial institutions: generally; 1966 PA 326; amend to exempt earned wage access services. Amends sec. 1 of 1966 PA 326 (MCL 438.31). TIE BAR WITH: HB 5558'26
2025-2026 Regular Session
Introduced by Greg Alexander and 9 co-sponsors
HB 5568 would exempt earned wage access services from Michigan’s general usury rate limits, but only if HB 5558 creates a separate EWA licensing framework.
referred to second reading