103rd Legislature (2025 to 2026) · State Senate bill

SB 1027

Financial institutions: credit unions; requirements for amending the bylaws of credit unions; modify. Amends sec. 303 of 2003 PA 215 (MCL 490.303).

In committee Last action October 27, 2026: REFERRED TO COMMITTEE OF THE WHOLE WITH SUBSTITUTE (S-1)

Official bill page and text: legislature.mi.gov

Sponsors 6

Prime sponsor

Mary Cavanagh

Cosponsors (5)

Joseph N. Bellino Jr., Paul Wojno, Ruth A. Johnson, Stephanie Chang, Veronica Klinefelt

Status

In committee as of October 27, 2026. The 103rd Legislature serves until the 104th convenes on January 13, 2027.

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

Roll-call votes 0

No roll-call votes recorded for this measure.

Timeline 4

Date	Chamber	Action
October 27, 2026	Senate	REFERRED TO COMMITTEE OF THE WHOLE WITH SUBSTITUTE (S-1)
October 27, 2026	Senate	REPORTED FAVORABLY WITH SUBSTITUTE (S-1) October 14, 2026
June 10, 2026	Senate	REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
June 10, 2026	Senate	INTRODUCED BY SENATOR MARY CAVANAGH

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