Senate Bill 236 Summary

• Amends Michigan Consumer Protection Act to designate failure to investigate and resolve consumer credit report disputes within 30 days as an unlawful practice under Section 3(1)(ll)

• Defines "consumer report" per federal Fair Credit Reporting Act (15 USC 1681a) and "consumer reporting agency" as entities that assemble or evaluate consumer credit information for furnishing reports to third parties

• Establishes enforcement mechanism allowing Attorney General to seek injunctive relief against violators, with courts authorized to assess civil fines up to $10,000 for violations of the new credit dispute provision

• Permits prosecution of violations discovered by law enforcement, requiring them to forward notice to Attorney General's office

• Applies to credit reporting agencies that fail to investigate and resolve disputes after receiving written notice from consumers