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Michigan · 2025-2026 Regular Session · Bill

HB 5544: Financial institutions: money transmitters; money transmission modernization act; create. Creates new act.

Passed one chamber Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 5544 is a bill introduced in the Michigan House on February 19, 2026. According to its official title, it concerns: Financial institutions: money transmitters; money transmission modernization act; create. Creates new act. Primary sponsor: Sarah Lightner (Republican). It lists 5 additional sponsors. Most recent recorded action (July 1, 2026): REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Sponsors

Sponsors by party (alphabetical): Democratic 2 · Republican 4

NameRolePartyChamberDistrict
Sarah LightnerPrimary sponsorRepublicanHouse45
Brenda CarterCo-sponsorDemocraticHouse53
David MartinCo-sponsorRepublicanHouse68
Bill SchuetteCo-sponsorRepublicanHouse95
Will SnyderCo-sponsorDemocraticHouse87
Mark TisdelCo-sponsorRepublicanHouse55

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
  2. PASSED BY HOUSE WITH IMMEDIATE EFFECT
  3. transmitted
  4. passed; given immediate effect Roll Call #263 Yeas 97 Nays 10 Excused 0 Not Voting 3
  5. read a third time
  6. placed on third reading
  7. substitute (H-2) adopted
  8. read a second time
  9. referred to second reading
  10. reported with recommendation with substitute (H-2)
  11. recommendation concurred in
  12. reported with recommendation for referral to Committee on Rules with substitute (H-1)

Showing 12 most recent of 16 actions. Full history

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source