HB5562 — Financial institutions: other; definition of financial licensing acts in the consumer financial services act; modify to include the earned wage access services act. Amends sec. 2 of 1988 PA 161 (MCL 487.2052). TIE BAR WITH: HB 5558'26

HB5562 — Financial institutions: other; definition of financial licensing acts in the consumer financial services act; modify to include the earned wage access services act. Amends sec. 2 of 1988 PA 161 (MCL 487.2052). TIE BAR WITH: HB 5558'26 · Informed CitizenryThis bill amends the Consumer Financial Services Act (1988 PA 161) by amending section 2 (MCL 487.2052). The amendment updates the definition of "Financial licensing acts" to include "The earned wa…Open in Informed Citizenry