HB5568 — Financial institutions: generally; 1966 PA 326; amend to exempt earned wage access services. Amends sec. 1 of 1966 PA 326 (MCL 438.31). TIE BAR WITH: HB 5558'26

HB5568 — Financial institutions: generally; 1966 PA 326; amend to exempt earned wage access services. Amends sec. 1 of 1966 PA 326 (MCL 438.31). TIE BAR WITH: HB 5558'26 · Informed CitizenryHouse Bill 5568 amends Section 1 of 1966 PA 326, which regulates the rate of interest on money. Specifically, it adds an exception to the act's provisions for any business transacted pursuant to a…Open in Informed Citizenry