MichiganHB 55462025-2026 Regular SessionHouse

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 5544'26Last Action: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Sponsored By: Brenda Carter (Democratic)

Passed House

Financial institutions: payday lendingFinancial institutions: money transmitters

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Brenda Carter

    Democratic • House

Cosponsors

  • Bill Schuette

    Republican • House

  • David Martin

    Republican • House

  • Mark Tisdel

    Republican • House

  • Sarah Lightner

    Republican • House

  • Will Snyder

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 102 • No: 5

House vote • 6/25/2026

passed; given immediate effect

Yes: 102 • No: 5 • Other: 3

Actions Timeline

  1. REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

    7/1/2026Senate
  2. PASSED BY HOUSE WITH IMMEDIATE EFFECT

    7/1/2026House
  3. transmitted

    6/25/2026House
  4. passed; given immediate effect Roll Call #265 Yeas 102 Nays 5 Excused 0 Not Voting 3

    6/25/2026House
  5. read a third time

    6/25/2026House
  6. placed on third reading

    6/23/2026House
  7. read a second time

    6/23/2026House
  8. referred to second reading

    3/17/2026House
  9. reported with recommendation without amendment

    3/17/2026House
  10. bill electronically reproduced 02/19/2026

    2/24/2026House
  11. referred to Committee on Finance

    2/19/2026House
  12. read a first time

    2/19/2026House
  13. introduced by Representative Rep. Brenda Carter

    2/19/2026House

Bill Text

  • As Passed by the House

    6/25/2026

  • Introduced

    2/19/2026

Related Bills

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