SB 0361
Consumer protection: identity theft; references to identity theft protection act in deferred presentment service transactions act; revise. Amends sec. 22 of 2005 PA 244 (MCL 487.2142). TIE BAR WITH: SB 0360'25
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill updates the Deferred Presentment Service Transactions Act to establish a statewide database for verifying customer information and tracking deferred presentment transactions. It requires the database to be accessible to licensees and the commissioner, and mandates specific data retention and security protocols. The bill also addresses how the database will be operated, including potential use of a third-party provider and provisions for handling technical difficulties and customer inquiries. It connects to SB 0360'25 and requires its enactment for this bill to take effect.
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Primary sponsor
Edward W. McBroom
Cosponsors
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