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 Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
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.
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 3 · Republican 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Matt Bierlein | Primary sponsor | Republican | House | 97 |
| Greg Alexander | Co-sponsor | Republican | House | 98 |
| Tyrone Carter | Co-sponsor | Democratic | House | 1 |
| Tullio Liberati | Co-sponsor | Democratic | House | 2 |
| David Martin | Co-sponsor | Republican | House | 68 |
| J.R. Roth | Co-sponsor | Republican | House | 104 |
| Joe Tate | Co-sponsor | Democratic | House | 9 |
| Doug Wozniak | Co-sponsor | Republican | House | 59 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- referred to second reading
- reported with recommendation without amendment
- bill electronically reproduced 02/24/2026
- referred to Committee on Regulatory Reform
- read a first time
- introduced by Representative Rep. Matthew Bierlein