103rd Legislature (2025 to 2026) · House of Representatives bill

HB 5544

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

In committee Last action July 1, 2026: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Official bill page and text: legislature.mi.gov

Sponsors 6

Prime sponsor

Sarah Lightner

Cosponsors (5)

Bill Schuette, Brenda Carter, David Martin, Mark Tisdel, Will Snyder

Status

In committee as of July 1, 2026. The 103rd Legislature serves until the 104th convenes on January 13, 2027.

Referred to: House Finance, Senate Finance, Insurance and Consumer Protection (from the official referral record)

Roll-call votes 1

June 25, 2026House of Representativespassed; given immediate effect Roll Call #263 Yeas 97 Nays 10 Excused 0 Not Voting 3Passed97-10

yes (97) Alexander, Andrews, Aragona, Arbit, BeGole, Bierlein, Bohnak, Bollin, Borton, Breen, Brixie, Bruck, Byrnes, Carter, B., Cavitt, Coffia, Conlin, DeBoer, DeBoyer, Dievendorf, Fairbairn, Farhat, Fitzgerald, Foreman, Fox, Frisbie, Glanville, Green, P., Hall, Harris, Herzberg, Hoadley, Hope, Hoskins, Jenkins-Arno, Johnsen, Kelly, Koleszar, Kuhn, Kunse, Liberati, Lightner, Linting, Longjohn, MacDonell, Maddock, Markkanen, Martin, Martus, McFall, McKinney, Meerman, Mentzer, Morgan, Mueller, Myers-Phillips, Neeley, Neyer, Outman, O’Neal, Paquette, Pavlov, Pohutsky, Posthumus, Prestin, Price, Puri, Rheingans, Rigas, Robinson, Rogers, Roth, Schmaltz, Schriver, Schuette, Scott, Skaggs, Slagh, Smit, Snyder, St. Germaine, Steckloff, Steele, Tate, Thompson, Tisdel, Tsernoglou, VanWoerkom, VanderWall, Wegela, Wendzel, Wilson, Witwer, Wooden, Woolford, Wozniak, Xiong

no (10) Beson, Carra, DeSana, Grant, Greene, J., Miller, Paiz, Weiss, Wortz, Young

Official roll call

Timeline 16

Date	Chamber	Action
July 1, 2026	Senate	REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
July 1, 2026	Senate	PASSED BY HOUSE WITH IMMEDIATE EFFECT
June 25, 2026	House	transmitted
June 25, 2026	House	passed; given immediate effect Roll Call #263 Yeas 97 Nays 10 Excused 0 Not Voting 3
June 25, 2026	House	read a third time
June 23, 2026	House	placed on third reading
June 23, 2026	House	substitute (H-2) adopted
June 23, 2026	House	read a second time
June 18, 2026	House	referred to second reading
June 18, 2026	House	reported with recommendation with substitute (H-2)
March 17, 2026	House	recommendation concurred in
March 17, 2026	House	reported with recommendation for referral to Committee on Rules with substitute (H-1)
February 24, 2026	House	bill electronically reproduced February 19, 2026
February 19, 2026	House	referred to Committee on Finance
February 19, 2026	House	read a first time
February 19, 2026	House	introduced by Representative Rep. Sarah Lightner

Data: Open States (API v3; public data, attribution appreciated). Official record: legislature.mi.gov. Bill pages link to the official text, not copied.