STATE BILLMI HB 5544ENGROSSED

Financial institutions: money transmitters; money transmission modernization act; create. Creates new act.

State of Michigan
Status
Engrossed
Passed its first chamber
Status date
Jun 25, 2026
140 days ago
Current chamber
Senate
Session
2025-2026 Regular Session
MI HB 5544 · EngrossedJun 25

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Bill details

Last action
Referred To Committee On Finance, Insurance, And Consumer Protection · Jul 1, 2026
Pending committee
Finance, Insurance, And Consumer Protection

Sponsors

SLSarah LightnerRepresentative · Republican · HD-045Primary sponsor
MTMark TisdelRepresentative · Republican · HD-055
DMDavid MartinRepresentative · Republican · HD-068
BCBrenda CarterRepresentative · Democrat · HD-053
WSWill SnyderRepresentative · Democrat · HD-087
BSBill SchuetteRepresentative · Republican · HD-095

Bill history

Newest first.

Jul 1, 2026Referred To Committee On Finance, Insurance, And Consumer ProtectionSenate
Jul 1, 2026Passed By House With Immediate EffectSenate
Jun 25, 2026TransmittedHouse
Jun 25, 2026Passed; Given Immediate Effect Roll Call #263 Yeas 97 Nays 10 Excused 0 Not Voting 3House
Jun 25, 2026Read A Third TimeHouse
Jun 23, 2026Placed On Third ReadingHouse
Jun 23, 2026Substitute (h-2) AdoptedHouse
Jun 23, 2026Read A Second TimeHouse
Show 8 earlier actions
Jun 18, 2026Referred To Second ReadingHouse
Jun 18, 2026Reported With Recommendation With Substitute (h-2)House
Mar 17, 2026Recommendation Concurred InHouse
Mar 17, 2026Reported With Recommendation For Referral To Committee On Rules With Substitute (h-1)House
Feb 24, 2026Bill Electronically Reproduced 02/19/2026House
Feb 19, 2026Referred To Committee On FinanceHouse
Feb 19, 2026Read A First TimeHouse
Feb 19, 2026Introduced By Representative Rep. Sarah LightnerHouse

Recorded votes

Reported With Recommendation For Referral To Committee On Rules With Substitute H-1Mar 17, 2026 · House · 9 yea · 0 nayPassed
Reported With Recommendation With Substitute H-2Jun 18, 2026 · House · 9 yea · 0 nayPassed
House Third Reading: Given Immediate Effect Roll Call #263Jun 25, 2026 · House · 97 yea · 10 nayPassed

Subjects

  • Financial institutions: money transmitters
  • State agencies (existing): insurance and financial services

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

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