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HB5994 • 2026

Insurance: other; processing fees; allow premium finance companies to collect. Amends sec. 1510 of 1956 PA 218 (MCL 500.1510).

Insurance: other; processing fees; allow premium finance companies to collect. Amends sec. 1510 of 1956 PA 218 (MCL 500.1510).

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Will Snyder (District 87), Mike Harris (District 52)
Last action
2026-05-20
Official status
bill electronically reproduced 05/19/2026
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Insurance: other; processing fees; allow premium finance companies to collect. Amends sec. 1510 of 1956 PA 218 (MCL 500.1510).

Insurance: other; processing fees; allow premium finance companies to collect.

What This Bill Does

  • Insurance: other; processing fees; allow premium finance companies to collect.
  • Amends sec.
  • 1510 of 1956 PA 218 (MCL 500.1510).

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-05-20 HJ 39 Pg. 0

    bill electronically reproduced 05/19/2026

  2. 2026-05-19 HJ 38 Pg. 0

    introduced by Representative Rep. Will Snyder

  3. 2026-05-19 HJ 38 Pg. 0

    read a first time

  4. 2026-05-19 HJ 38 Pg. 0

    referred to Committee on Insurance

Official Summary Text

Insurance: other; processing fees; allow premium finance companies to collect. Amends sec. 1510 of 1956 PA 218 (MCL 500.1510).