Governor Signs Small Claims Legislation (Misc News: May 23, 2012)
Gov. Rick Snyder signed MCUL-supported legislation to increase Michigan’s small claims court threshold after the measure was approved by overwhelming margins in both the state House and Senate.
Now known as 2012 PA 142, the law will raise the small claims court threshold from $3,000 to $5,000 on Sept. 1. After that, it would increase $500 every three years, culminating in a $7,000 limit beginning Jan. 1, 2024.
MCUL & Affiliates CEO David Adams said the new law will be a boon for businesses and consumers.
"MCUL has devoted a great deal of time and effort to advocating on behalf of credit unions for this common-sense legislation that will significantly improve access to small claims court for both consumers and businesses,” Adams said. “We're grateful to our legislators and Governor Snyder for their support."
At $5,000, Michigan’s threshold would surpass those of more than 20 other states.
The legislation was originally introduced by state Sen. Tonya Schuitmaker, R-Lawton, MCUL & Affiliates’ lawmaker of the year.
For more information, click here to obtain the Small Claims Court Threshold Issue Brief.