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MI HB5998
Bill
Status
4/12/2022
Primary Sponsor
Yousef Rabhi
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AI Summary
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Clarifies that a person engaged in regulated trade or commerce cannot claim exemption from the Michigan Consumer Protection Act simply because their general business is regulated by law or they hold a license.
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Removes the Banking Code of 1999 (1999 PA 276) from the list of laws that exempt unfair or deceptive practices from the Consumer Protection Act.
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Removes the Savings Bank Act of 1996 (1996 PA 354) from the list of laws that exempt unfair or deceptive practices from the Consumer Protection Act.
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Eliminates the entire subsection exempting unfair, unconscionable, or deceptive insurance practices made unlawful under Chapter 20 of the Insurance Code of 1956, effective March 28, 2001 or later.
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Takes effect 90 days after enactment into law.
Legislative Description
Consumer protection: unfair trade practices; application of Michigan consumer protection act to certain conduct generally authorized by law; clarify and revise. Amends sec. 4 of 1976 PA 331 (MCL 445.904).
Occupations: business licensing and registration
Last Action
Bill Electronically Reproduced 04/12/2022
4/13/2022