Senate Bill 200 Summary

• Amends Michigan Consumer Protection Act (1976 PA 331) to define unfair, unconscionable, or deceptive methods, acts, and practices in trade or commerce as unlawful.

• Prohibits requiring consumers to disclose social security numbers as a condition of selling or leasing goods/services, with limited exceptions for credit applications, legally required disclosures, consumer reports, background checks, and fraud prevention in remote transactions.

• Restricts display of credit/debit card information on receipts to last 4 digits of account number only and no expiration date, effective March 1, 2005 for manual receipts and later dates for electronic devices.

• Requires merchants to provide written summaries of all fees, charges, and applicable interest rates before allowing consumers to establish deposit accounts, enter loan transactions, or engage in other financial services transactions.

• Adds new prohibited practices including misleading environmental claims on products, false affiliations between performing groups and recording groups, violations of home solicitation and identity theft protection laws, and other deceptive consumer transaction practices.