Michigan · 2025-2026 Regular Session · Bill

SB 1027: Financial institutions: credit unions; requirements for amending the bylaws of credit unions; modify. Amends sec. 303 of 2003 PA 215 (MCL 490.303).

In committee Last action October 27, 2026: REFERRED TO COMMITTEE OF THE WHOLE WITH SUBSTITUTE (S-1)

Plain-language summary

SB 1027 is a bill introduced in the Michigan Senate on June 10, 2026. According to its official title, it concerns: Financial institutions: credit unions; requirements for amending the bylaws of credit unions; modify. Amends sec. 303 of 2003 PA 215 (MCL 490.303). Primary sponsor: Mary Cavanagh (Democratic). It lists 5 additional sponsors. Most recent recorded action (October 27, 2026): REFERRED TO COMMITTEE OF THE WHOLE WITH SUBSTITUTE (S-1).

Sponsors

Primary sponsor: Mary Cavanagh (Democratic). 5 co-sponsors.