MI HB4828

Changes the responsible official from "commissioner" to "director" for promulgating rules and submitting reports under the Deferred Presentment Service Transactions Act.

Requires the director to submit reports to the legislature starting March 31, 2022, and annually through March 31, 2028, replacing the previous one-time reporting requirement from July 31, 2007.

Report must include statewide statistics on transaction volumes, amounts, fees, active license locations, customer numbers, and repayment plan usage, along with county/zip code breakdown of provider locations and transaction data.

Requires the director to include complaints filed against licensees and nonlicensees for the preceding calendar year and any other relevant information.

Mandates the department publish the annual reports on its website beginning March 31, 2022, with the act taking effect 90 days after enactment.