HB 5544 MI

Passed Legislature

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

MI · session 2025-2026 · Assembly / House · bill

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Introduced Feb 19, 2026

Latest action (Jul 1, 2026) REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Sponsor (1)

5 coauthors / cosponsors

Feb 19, 2026 introduced by Representative Rep. Sarah Lightner · lower
Feb 19, 2026 read a first time · lower
Feb 19, 2026 referred to Committee on Finance · lower
Feb 24, 2026 bill electronically reproduced 02/19/2026 · lower
Mar 17, 2026 reported with recommendation for referral to Committee on Rules with substitute (H-1) · lower
Mar 17, 2026 recommendation concurred in · lower
Jun 18, 2026 reported with recommendation with substitute (H-2) · lower
Jun 18, 2026 referred to second reading · lower
Jun 23, 2026 read a second time · lower
Jun 23, 2026 substitute (H-2) adopted · lower
Jun 23, 2026 placed on third reading · lower
Jun 25, 2026 read a third time · lower
Jun 25, 2026 passed; given immediate effect Roll Call #263 Yeas 97 Nays 10 Excused 0 Not Voting 3 · lower
Jun 25, 2026 transmitted · lower
Jul 1, 2026 PASSED BY HOUSE WITH IMMEDIATE EFFECT · upper
Jul 1, 2026 REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION · upper

Subjects

Financial institutions: money transmittersState agencies (existing): insurance and financial services

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