HB5565 — Financial institutions: other; deferred presentment service transactions act; provide for exemption for certain earned wage access services. Amends sec. 11 of 2005 PA 244 (MCL 487.2131). TIE BAR WITH: HB 5558'26

HB5565 — Financial institutions: other; deferred presentment service transactions act; provide for exemption for certain earned wage access services. Amends sec. 11 of 2005 PA 244 (MCL 487.2131). TIE BAR WITH: HB 5558'26 · Informed CitizenryThis bill amends Section 11 of the Deferred Presentment Service Transactions Act (2005 PA 244) to provide an exemption from licensing requirements for certain earned wage access services. Specifica…Open in Informed Citizenry