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Michigan · 2025-2026 Regular Session · Bill

HB 5546: Financial institutions: payday lending; deferred presentment services transactions act; revise internal references related to money transmission services. Amends sec. 2 of 2005 PA 244 (MCL 487.2122). TIE BAR WITH: HB 5544'26

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 5546 is a bill introduced in the Michigan House on February 19, 2026. According to its official title, it concerns: Financial institutions: payday lending; deferred presentment services transactions act; revise internal references related to money transmission services. Amends sec. 2 of 2005 PA 244 (MCL 487.2122). TIE BAR WITH: HB 5544'26. Primary sponsor: Brenda Carter (Democratic). 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
Brenda CarterPrimary sponsorDemocraticHouse53
Sarah LightnerCo-sponsorRepublicanHouse45
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 #265 Yeas 102 Nays 5 Excused 0 Not Voting 3
  5. read a third time
  6. placed on third reading
  7. read a second time
  8. referred to second reading
  9. reported with recommendation without amendment
  10. bill electronically reproduced 02/19/2026
  11. referred to Committee on Finance
  12. read a first time

Showing 12 most recent of 13 actions. Full history

Sources

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