Bill
HB 5994
Insurance: other; processing fees; allow premium finance companies to collect. Amends sec. 1510 of 1956 PA 218 (MCL 500.1510).
2025-2026 Regular Session
Introduced by Mike Harris and 1 co-sponsor
HB 5994 would authorize premium finance companies to collect processing fees from insureds in premium financing, with final limits and protections defined in the enacted law.
bill electronically reproduced 05/19/2026