Michigan · 2025-2026 Regular Session · Bill
HB 5562: Financial institutions: other; definition of financial licensing acts in the consumer financial services act; modify to include the earned wage access services act. Amends sec. 2 of 1988 PA 161 (MCL 487.2052). 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 5562 is a bill introduced in the Michigan House on February 24, 2026. According to its official title, it concerns: Financial institutions: other; definition of financial licensing acts in the consumer financial services act; modify to include the earned wage access services act. Amends sec. 2 of 1988 PA 161 (MCL 487.2052). TIE BAR WITH: HB 5558'26. Primary sponsor: Tullio Liberati (Democratic). It lists 9 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 5 · Republican 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Tullio Liberati | Primary sponsor | Democratic | House | 2 |
| Greg Alexander | Co-sponsor | Republican | House | 98 |
| Matt Bierlein | Co-sponsor | Republican | House | 97 |
| Will Bruck | Co-sponsor | Republican | House | 30 |
| Tyrone Carter | Co-sponsor | Democratic | House | 1 |
| Peter Herzberg | Co-sponsor | Democratic | House | 25 |
| J.R. Roth | Co-sponsor | Republican | House | 104 |
| Will Snyder | Co-sponsor | Democratic | House | 87 |
| 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. Tullio Liberati Jr.