Michigan · 2025-2026
HB 5550
Financial institutions: other; consumer financial services act; revise internal references related to money transmission services. Amends sec. 10g of 1988 PA 161 (MCL 487.2060g). TIE BAR WITH: HB 5544'26
Bill record: Open States bulk CSV (bills/votes) CC0-1.0
Summary AI-generated
HB 5550 amends section 10g of the 1988 PA 161 to revise internal references related to money transmission services within the Consumer Financial Services Act. This legislation is tied to HB 5544. The bill specifically targets updates to statutory references concerning financial institutions.
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
- Bill Schuette Republican lead
- Brenda Carter Democratic
- David Martin Republican
- Mark Tisdel Republican
- Sarah Lightner Republican
- Will Snyder Democratic