MI SB1020

Adds definition of "business opportunity" to the Michigan Consumer Protection Act, including sale or lease of products/equipment/services enabling purchasers to start a business when seller makes specific representations about locations, repurchasing products, income guarantees, or marketing programs.

Exempts business opportunities under $500 and those involving federally registered trademarks from certain marketing program requirements.

Expands unfair trade practices to include failure by manufacturers or producers to accurately represent risks involved in use of prescription drugs, over-the-counter medications, herbal products, dietary supplements, or botanical extracts.

Adds restrictions on live musical performances using false affiliations with recording groups, with exceptions for authorized performances, tribute shows, performances outside Michigan, and groups with federal trademark registrations or legal rights to use the group name.

Clarifies that social security number disclosure requirements do not apply to health-related or dental-related benefit administration and employer-provided benefits.