LIMIT FEE FOR TENANT S.B. 373:
SUMMARY OF INTRODUCED BILL
IN COMMITTEE
Senate Bill 373 (as introduced 6-10-25)
Sponsor: Senator Mary Cavanagh
Committee: Housing and Human Services
Date Completed: 6-23-25
LIMIT FEE FOR TENANT S.B. 373:
SUMMARY OF INTRODUCED BILL
IN COMMITTEE
Senate Bill 373 (as introduced 6-10-25)
Sponsor: Senator Mary Cavanagh
Committee: Housing and Human Services
Date Completed: 6-23-25
CONTENT
The bill would amend the Truth in Renting Act to prohibit rental agreements from including a provision that imposed an additional charge or fee on all allowable methods of rent payments and would specify that at least one fee-free payment method would have to be available to a tenant.
Generally, the Act establishes rights and obligations for parties to rental agreements and specifies that all rental agreements must comply with the Act's provisions. Rental agreements are prohibited from including certain provisions that waive tenant rights, impose unfair legal or financial burdens, or relieve a landlord's duty to mitigate damages, among other things.
Under the bill, a rental agreement also could not include a provision that imposed an additional charge or fee on all methods for the payment of rent allowed under the rental agreement. The bill specifies that if a rental agreement allowed for more than one method of payment of rent, the agreement would have to include a provision that allowed at least one payment of rent to be used without the tenant incurring an additional charge or fee.
MCL 554.633 Legislative Analyst: Eleni Lionas
FISCAL IMPACT
The bill would have no fiscal impact on State or local courts.
Fiscal Analyst: Michael Siracuse
SAS\S2526\s373sa This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent. |