Michigan · 2025-2026 Regular Session · Bill

HB 5559: Financial institutions: money transmitters; money transmission services act; provide for exemption for certain earned wage access services. Amends sec. 4 of 2006 PA 250 (MCL 487.1004). TIE BAR WITH: HB 5558'26

In committee Last action April 30, 2026: referred to second reading

Plain-language summary

HB 5559 is a bill introduced in the Michigan House on February 24, 2026. According to its official title, it concerns: Financial institutions: money transmitters; money transmission services act; provide for exemption for certain earned wage access services. Amends sec. 4 of 2006 PA 250 (MCL 487.1004). TIE BAR WITH: HB 5558'26. Primary sponsor: Matt Bierlein (Republican). It lists 7 additional sponsors. Most recent recorded action (April 30, 2026): referred to second reading.

Sponsors

Primary sponsor: Matt Bierlein (Republican). 7 co-sponsors.