Bill
HB 5567
Financial institutions: generally; regulatory loan act; amend to exempt earned wage access services. Amends sec. 20 of 1939 PA 21 (MCL 493.20). TIE BAR WITH: HB 5558'26
2025-2026 Regular Session
Introduced by Greg Alexander and 6 co-sponsors
HB 5567 would exempt earned wage access services from the Regulatory Loan Act, only if HB 5558 creates a separate state licensing framework for EWA providers.
referred to second reading