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---
type: "Bill"
title: "Consumer credit; lending practices; authority to pay referral fees under regulatory loan act; clarify. Amends sec. 12 of 1939 PA 21 (MCL 493.12)."
description: "Consumer credit; lending practices; authority to pay referral fees under regulatory loan act; clarify. Amends sec. 12 of 1939 PA 21 (MCL 493.12)."
jurisdiction: "us/states/mi"
legislature: "Michigan Legislature"
session: "2017-2018"
identifier: "SB 238"
citation: "Michigan SB 238 (2017-2018)"
classification: ["bill"]
subjects: ["Consumer credit: lending practices", "Financial institutions: other", "Occupations: business licensing and registration", "State agencies (existing): insurance and financial services"]
status: "enacted"
primary_sponsors: []
version_count: 4
action_count: 26
vote_count: 2
first_action: "2017-03-14T04:00:00+00:00"
last_action: "2017-11-28T05:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/2c717040-fbb5-4b01-bdf9-f9d38aea0163"
source_url: "http://legislature.mi.gov/doc.aspx?2017-SB-0238"
source_hash: "9ad435c1f918468ad115d02908be280fd343e65f5db7b068c384e19266b44172"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-mi"]
---
# Michigan SB 238 (2017-2018) — Consumer credit; lending practices; authority to pay referral fees under regulatory loan act; clarify. Amends sec. 12 of 1939 PA 21 (MCL 493.12).
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **As Passed by the House** (committee substitute) — [source](http://www.legislature.mi.gov/documents/2017-2018/billengrossed/Senate/htm/2017-SEBH-0238.htm)
2. **As Passed by the Senate** (committee substitute) — [source](http://www.legislature.mi.gov/documents/2017-2018/billengrossed/Senate/htm/2017-SEBS-0238.htm)
3. **Public Act** (committee substitute) — [source](http://www.legislature.mi.gov/documents/2017-2018/publicact/htm/2017-PA-0171.htm)
4. **Senate Introduced Bill** (committee substitute) — [source](http://www.legislature.mi.gov/documents/2017-2018/billintroduced/Senate/htm/2017-SIB-0238.htm)
## Votes
- passed; given immediate effect Roll Call # 379 Yeas 72 Nays 35 — **7235** (pass) · lower
- PASSED ROLL CALL # 182 YEAS 32 NAYS 5 EXCUSED 1 NOT VOTING 0 — **325** (pass) · upper
## Sponsors
- 35 — cosponsor (person)
- Darwin Booher — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2017-03-14T04:00:00+00:00** INTRODUCED BY SENATOR DARWIN BOOHER `introduction`
- **2017-03-14T04:00:00+00:00** REFERRED TO COMMITTEE ON BANKING AND FINANCIAL INSTITUTIONS `referral-committee`
- **2017-03-29T04:00:00+00:00** REPORTED FAVORABLY WITHOUT AMENDMENT `committee-passage`
- **2017-03-29T04:00:00+00:00** COMMITTEE RECOMMENDED IMMEDIATE EFFECT
- **2017-03-29T04:00:00+00:00** REFERRED TO COMMITTEE OF THE WHOLE `referral-committee`
- **2017-05-10T04:00:00+00:00** REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITHOUT AMENDMENT(S) `committee-passage`
- **2017-05-10T04:00:00+00:00** PLACED ON ORDER OF THIRD READING
- **2017-05-16T04:00:00+00:00** PASSED ROLL CALL # 182 YEAS 32 NAYS 5 EXCUSED 1 NOT VOTING 0 `passage`
- **2017-05-16T04:00:00+00:00** received on 05/16/2017 `introduction`
- **2017-05-16T04:00:00+00:00** read a first time `reading-1`
- **2017-05-16T04:00:00+00:00** referred to Committee on Financial Services `referral-committee`
- **2017-10-25T04:00:00+00:00** reported with recommendation without amendment `committee-passage`
- **2017-10-25T04:00:00+00:00** referred to second reading
- **2017-11-02T04:00:00+00:00** read a second time `reading-2`
- **2017-11-02T04:00:00+00:00** placed on third reading
- **2017-11-07T05:00:00+00:00** read a third time `reading-3`
- **2017-11-07T05:00:00+00:00** passed; given immediate effect Roll Call # 379 Yeas 72 Nays 35 `passage`
- **2017-11-07T05:00:00+00:00** inserted full title
- **2017-11-07T05:00:00+00:00** returned to Senate
- **2017-11-09T05:00:00+00:00** GIVEN IMMEDIATE EFFECT
- **2017-11-09T05:00:00+00:00** FULL TITLE AGREED TO
- **2017-11-09T05:00:00+00:00** ORDERED ENROLLED
- **2017-11-28T05:00:00+00:00** PRESENTED TO GOVERNOR 11/16/2017 @ 3:42 PM `executive-receipt`
- **2017-11-28T05:00:00+00:00** APPROVED BY GOVERNOR 11/20/2017 @ 11:16 AM `executive-signature`
- **2017-11-28T05:00:00+00:00** FILED WITH SECRETARY OF STATE 11/21/2017 @ 3:36 PM
- **2017-11-28T05:00:00+00:00** ASSIGNED PA 0171'17 WITH IMMEDIATE EFFECT
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2c717040-fbb5-4b01-bdf9-f9d38aea0163`. Confidence: reported (aggregated from official Michigan legislature records).