Environment
Mixed / Neutral
50%
Benefits
- No material environmental impact identified.
Risks
- No material environmental impact identified.
StateMichiganIntroduced
SB 1138: Civil procedure: bankruptcy; bankruptcy exemptions; modify. Amends sec. 5451 of 1961 PA 236 (MCL 600.5451).
Mary Cavanagh
SB 1138 status: Introduced — SENATE CO-SPONSOR(S) NAMED: STEPHANIE CHANG (updated Aug 26, 2026).
Source
OpenStates
Confidence
Low
Analysis basis
OpenStates summary
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
65OUT OF 100
Score:65/100 civic fit
Risk:Moderate Risk
Impact:Moderate Impact 65/100
Earlier scoring method. Reanalyze to use the sector calculation.
Constitutionality80%
Bipartisan50%
Public opinion50%
Bill summary
Modifying bankruptcy exemptions alters the financial safety net for debtors and impacts creditor recovery rates within the state.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Mixed / Neutral
60%
Benefits
- May align exemptions with current economic conditions.
- Potentially reduces long-term financial dependency for debtors.
Risks
- Potential negative impact on creditor recovery rates.
- Possible tightening of lending requirements by creditors.
Society
Positive outlook
65%
Benefits
- Enhances financial security for individuals facing insolvency.
- Helps households retain essential assets during bankruptcy.
Risks
- Legal complexity may increase for some filers.
- Potential for disparate application depending on interpretation.
Technology Industry
Not scored in this analysis.
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Civic Accountability
Not scored in this analysis.
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Public Health & Safety
Not scored in this analysis.
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03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
OpenStates
Official bill text or data from OpenStates.
Confidence
Low
Information is limited or incomplete.
Analysis basis
OpenStates summary
Source used for this bill's analysis.
Source note
Changes to bankruptcy exemptions may indirectly impact local credit market availability.
Analysis scope
Full bill text was not provided, limiting analysis to the stated intent.
04
Where it stands
Official record- IntroducedCurrent
- CommitteeUpcoming
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
How it affects your district
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06
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