to adopt the meeting minutes from February 5, 2020.
Representative Schroeder moved to adopt the meeting minutes from February 5, 2020. There being no objection, the motion prevailed by unanimous consent. At 12:03 PM, the Chair laid the committee at ease. At 12:06 PM, the Chair called the committee back to order. The Chair laid SB 415 before the committee: SB 415 (Sen. Nesbitt) A bill to amend 1984 PA 379, entitled "An act to define and regulate certain credit card transactions, agreements, charges, and disclosures; to prescribe the powers and duties of the financial institutions bureau and certain state agencies; to provide for the promulgation of rules; and to provide for fines and penalties," by amending the title and section 1 (MCL 493.101). The following person submitted a card in support of SB 415, but did not wish to speak: David Worthams, representing the Michigan Bankers Association.