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 5544'26

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 2 Compare versions History 13 Sponsors

Jul 1, 2026 · Senate

PASSED BY HOUSE WITH IMMEDIATE EFFECT

Jul 1, 2026 · Senate

REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION

Jun 25, 2026 · House

read a third time

Jun 25, 2026 · House

passed; given immediate effect Roll Call #265 Yeas 102 Nays 5 Excused 0 Not Voting 3

Jun 25, 2026 · House

transmitted

Jun 23, 2026 · House

read a second time

Jun 23, 2026 · House

placed on third reading

Mar 17, 2026 · House

reported with recommendation without amendment

Mar 17, 2026 · House

referred to second reading

Feb 24, 2026 · House

bill electronically reproduced 02/19/2026

Feb 19, 2026 · House

introduced by Representative Rep. Brenda Carter

Feb 19, 2026 · House

read a first time

Feb 19, 2026 · House

referred to Committee on Finance

PASSAGE PROBABILITY

23.8% Unlikely

Why this number

Stage base Passed First Chamber — base rate 33%, measured from MI's completed sessions
Momentum +4 66/100 from the pace of recorded action
Time since last action -13 101 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.