Financial institutions: money transmitters; money transmission services act; provide for exemption for certain earned wage access services. Amends sec. 4 of 2006 PA 250 (MCL 487.1004). TIE BAR WITH: HB 5558'26

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 6 Sponsors

Apr 30, 2026 · House

reported with recommendation without amendment

Apr 30, 2026 · House

referred to second reading

Feb 26, 2026 · House

bill electronically reproduced 02/24/2026

Feb 24, 2026 · House

introduced by Representative Rep. Matthew Bierlein

Feb 24, 2026 · House

read a first time

Feb 24, 2026 · House

referred to Committee on Regulatory Reform

PASSAGE PROBABILITY

8.4% Unlikely

Why this number

Stage base Reported from Committee — base rate 29%, measured from MI's completed sessions
Momentum +1 55/100 from the pace of recorded action
Time since last action -22 165 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.