Consumer protection: retail installment sales; citations to the motor vehicle sales finance act in the retail installment sales act; revise. Amends secs. 1a, 3, 5, 6 & 11 of 1966 PA 224 (MCL 445.851a et seq.). TIE BAR WITH: SB 0739'25

Michigan Senate Bill 747 (SB0747) aims to update the Retail Installment Sales Act by aligning its provisions with the Motor Vehicle Sales Finance Act. Specifically, it proposes revisions to sections 1a, 3, 5, 6, and 11 of the 1966 Public Act 224, which governs retail installment sales. The bill is tied to Senate Bill 739 (SB0739), indicating that both bills are intended to be enacted together. ([legiscan.com](https://legiscan.com/MI/text/SB0747/id/3291289?utm_source=openai))

While specific media coverage on SB0747 is limited, the bill's intent to harmonize the Retail Installment Sales Act with the Motor Vehicle Sales Finance Act is generally viewed as a positive step toward consumer protection. By ensuring consistency between these acts, the bill aims to provide clearer guidelines for both consumers and businesses involved in retail installment sales.

There is no significant negative media coverage or reported opposition to SB0747. The bill's focus on aligning existing laws is unlikely to face substantial criticism, as it seeks to clarify and streamline regulations without introducing controversial changes.