Michigan · 2025-2026
HB 5546
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
Bill record: Open States bulk CSV (bills/votes) CC0-1.0
Summary AI-generated
HB 5546 amends section 2 of the 2005 PA 244 to revise internal references related to money transmission services within the Deferred Presentment Services Transactions Act. This legislation is tied to HB 5544. The bill specifically targets financial institutions regarding payday lending regulations.
Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)
Issue tags AI-classified
Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)
Sponsors + 5 cosponsors
- Brenda Carter Democratic lead
- Bill Schuette Republican
- David Martin Republican
- Mark Tisdel Republican
- Sarah Lightner Republican
- Will Snyder Democratic