Consumer protection: unfair trade practices; disclosure of automatic renewal provisions in consumer contracts; require. Amends 1976 PA 331 (MCL 445.901 - 445.922) by adding sec. 3j. TIE BAR WITH: HB 4827'25

This bill requires businesses to clearly disclose any automatic renewal terms in consumer contracts. It aims to protect consumers from being unknowingly locked into ongoing payments or subscriptions. The bill is part of a broader effort to ensure fair trade practices in Michigan.

Supporters of the bill argue that it enhances consumer rights by promoting transparency in contracts. They believe that clear disclosures will empower consumers to make informed decisions and prevent unexpected charges, ultimately fostering trust in business practices.

Critics may argue that the bill could impose unnecessary burdens on businesses, particularly small businesses that may struggle with compliance. They might contend that the requirements could lead to increased costs and administrative challenges, potentially stifling economic growth.