2021-2022 Regular Session • Michigan Legislature
SB0405
Legislative Summary
Occupations: pawnbrokers; allowable rate of interest charged by pawnbrokers; increase, and provide civil fines. Amends title & secs. 8, 9 & 18 of 1917 PA 273 (MCL 446.208 et seq.).
Demographic Impact
Overall analysis of equity impact
Neutral
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Bill History
4/29/2021
Introduced By Senator Michael D. Macdonald
Senate
4/29/2021
Referred To Committee On Regulatory Reform
Senate
6/17/2021
Reported Favorably With Substitute (s-1)
Senate
6/17/2021
Referred To Committee Of The Whole With Substitute (s-1)
Senate
9/30/2021
Reported By Committee Of The Whole Favorably With Substitute (s-1)
Senate
9/30/2021
Substitute (s-1) Concurred In
Senate
9/30/2021
Placed On Order Of Third Reading With Substitute (s-1)
Senate
10/5/2021
Passed Roll Call # 363 Yeas 24 Nays 10 Excused 2 Not Voting 0
Senate
10/5/2021
Received On 10/05/2021
House of Representatives
10/5/2021
Read A First Time
House of Representatives
10/5/2021
Referred To Committee On Regulatory Reform
House of Representatives
2/22/2022
Reported With Recommendation Without Amendment
House of Representatives
2/22/2022
Referred To Second Reading
House of Representatives
2/22/2022
Referred To Committee On Rules And Competitiveness
House of Representatives
3/24/2022
Reported With Recommendation Without Amendment
House of Representatives
3/24/2022
Referred To Second Reading
House of Representatives
Amendments
Senate Substitute (S-1)
Senate Substitute (S-1)
6/17/2021Not Adopted
Senate Substitute (S-1)
Senate Substitute (S-1)
6/17/2021Adopted
Roll Call Votes
Reported With Recommendation Without Amendment
2/22/2022
13
Yea
1
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Third Reading: Passed Roll Call # 363
10/5/2021
24
Yea
10
Nay
0
Not Voting
2
Absent
Result: PASSED
Reported Favorably With Substitute S-1
6/17/2021
8
Yea
1
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Engrossed(10/5/2021)
Chamber
House of Representatives
