Michigan · 2025-2026 Regular Session · Bill

SB 1014: Trade: business practices; requirement for rounding down certain cash transactions; provide for. Amends secs. 2 & 7 of 2011 PA 15 (MCL 445.312 & 445.317).

In committee Last action June 3, 2026: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Plain-language summary

SB 1014 is a bill introduced in the Michigan Senate on June 3, 2026. According to its official title, it concerns: Trade: business practices; requirement for rounding down certain cash transactions; provide for. Amends secs. 2 & 7 of 2011 PA 15 (MCL 445.312 & 445.317). Primary sponsor: Jeff Irwin (Democratic). It lists 3 additional sponsors. Most recent recorded action (June 3, 2026): REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION.

Sponsors

Primary sponsor: Jeff Irwin (Democratic). 3 co-sponsors.