SB 774

Financial institutions: money transmitters; foreign remittance transfers; prohibit under certain circumstances. Amends secs. 2, 3 & 25 of 2006 PA 250 (MCL 487.1002 et seq.) & adds secs. 21a & 35.

In committee Last action January 29, 2026: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Official bill page and text: legislature.mi.gov

Sponsors 3

Prime sponsor: Jim Runestad
Cosponsors (2): Jonathan Lindsey, Joseph N. Bellino Jr.

Status

In committee as of January 29, 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 2

Date	Chamber	Action
January 29, 2026	Senate	REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
January 29, 2026	Senate	INTRODUCED BY SENATOR JIM RUNESTAD

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

Sources for this page

Bill, action and roll-call data from Open States (public data, attribution appreciated). Neither Michigan Capitol Guide nor this information, as presented here, is endorsed by the Michigan Legislature.