SB 835

Financial institutions: money transmitters; money transmission modernization act; create. Creates new act & repeals 2006 PA 250 (MCL 487.1001 - 487.1047).

In committee Last action March 17, 2026: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Official bill page and text: legislature.mi.gov

Sponsors 5

Prime sponsor: Rosemary Bayer
Cosponsors (4): John Damoose, Mary Cavanagh, Roger Victory, Veronica Klinefelt

Status

In committee as of March 17, 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
March 17, 2026	Senate	REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
March 17, 2026	Senate	INTRODUCED BY SENATOR ROSEMARY BAYER

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.