HB 5254 — Consumer credit: interest rates; maximum interest rate allowed for medical debt; modify. Amends sec. 3 of 1976 PA 331 (MCL 445.903). TIE BAR WITH: HB 5255'25

HB-5254, As Passed House, June 23, 2026 HOUSE BILL NO.

VMP H04261'25_HB5254_INTR_1H04261'25_HB5254_APH_1 5br2vh80o9d6 1 (b) Using deceptive representations or deceptive designations of geographic origin in connection with goods or services.

VMP H04261'25_HB5254_INTR_1H04261'25_HB5254_APH_1 5br2vh80o9d6 1 (l) Misrepresenting that because of some defect in a consumer's home the health, safety, or lives of the consumer or his or her the consumer's family are in danger if the product or services are not purchased, when in fact the defect does not exist or the product or services would not remove the danger.

(s) Failing to reveal a material fact, the omission of which tends to mislead or deceive the consumer, and which fact could not VMP H04261'25_HB5254_INTR_1H04261'25_HB5254_APH_1 5br2vh80o9d6 1 reasonably be known by the consumer.

(y) Gross discrepancies between the oral representations of the seller and the written agreement covering the same transaction VMP H04261'25_HB5254_INTR_1H04261'25_HB5254_APH_1 5br2vh80o9d6 1 or failure of the other party to the transaction to provide the promised benefits.

(ee) Representing that a product or package is degradable, biodegradable, or photodegradable unless it can be substantiated by evidence that the product or package will completely decompose into VMP H04261'25_HB5254_INTR_1H04261'25_HB5254_APH_1 5br2vh80o9d6 1 elements found in nature within a reasonably short period of time after consumers use the product and dispose of the product or the package in a landfill or composting facility, as appropriate.

VMP H04261'25_HB5254_INTR_1H04261'25_HB5254_APH_1 5br2vh80o9d6 1 (i) The selling, leasing, providing, terms of payment, or transaction includes an application for or an extension of credit to the consumer.

VMP H04261'25_HB5254_INTR_1H04261'25_HB5254_APH_1 5br2vh80o9d6 1 This subdivision does not apply if the only receipt issued in a consumer transaction is a credit card or debit card receipt on which the account number or expiration date is handwritten, mechanically imprinted, or photocopied.

VMP H04261'25_HB5254_INTR_1H04261'25_HB5254_APH_1 5br2vh80o9d6 1 (iii) The live musical performance or production is identified in all advertising and promotion as a salute or tribute and the name of the vocal or instrumental group performing is not so closely related or similar to that used by the recording group that it would tend to confuse or mislead the public.

This amendatory act does not take effect unless Houseall Billof No.the following bills of the 103rd Legislature are VMP H04261'25_HB5254_APH_1 80o9d6 enacted into law:

5255(a) (requestSenate no.Bill No.

H04262'25)95. of the 103rd VMP H04261'25_HB5254_INTR_1 5br2vh Legislature is enacted into law.

Final(b) PageHouse VMPBill H04261'25_HB5254_INTR_1No. 5br2vh

5255.

Final Page VMP H04261'25_HB5254_APH_1 80o9d6