HB 5545 — Financial institutions: other; consumer financial services act; revise internal references related to money transmission services. Amends sec. 2 of 1988 PA 161 (MCL 487.2052). TIE BAR WITH: HB 5544'26
Last action — REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
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✓Introduced
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✓In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill has passed the House. Introduced July 01, 2026. It now moves to the second chamber.
Next likely step: consideration and a floor vote in the Senate.
Odds of enactment
Moderate chanceBased on the sponsor, cosponsors, and committee posture, this bill has a moderate chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Passed House
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 R).
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Cleared a recorded vote
Passed 2 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
In plain language
The bill revises internal references in consumer financial services related to money transmission services.
This bill amends existing legislation to update references in the Consumer Financial Services Act regarding money transmission services. It aims to clarify the law and improve understanding of financial regulations.
Summary
Financial institutions: other; consumer financial services act; revise internal references related to money transmission services. Amends sec. 2 of 1988 PA 161 (MCL 487.2052). TIE BAR WITH: HB 5544'26
Bill Text
What changed in the latest version
5 added · 4 removedPlain-language change summary
The latest version of Bill HB 5545 includes five new lines that were added, while four previous lines have been removed. This update likely reflects necessary clarifications or adjustments to the bill's content, which could enhance its effectiveness or address concerns that emerged during initial discussions. These changes matter because they help ensure the legislation is clear and meets the needs of the community it aims to serve.
HB-5545, As Passed House, June 25, 2026 HOUSE BILL NO.
(b) "Bureau" means the office of financial and insurance services of the department of labor and economic growth.department WAM H02309'25 a *_HB5545_INTR_1*_HB5545_APH_1 sm530jmb63j0 1 of insurance and financial services.
(i) "Executive officer" means an officer, member, or partner of a licensee, including chief executive officer, president, vice president, chief financial officer, controller, compliance officer, WAM H02309'25 a *_HB5545_INTR_1*_HB5545_APH_1 sm530jmb63j0 1 or any other similar position.
WAM H02309'25 a *_HB5545_INTR_1*_HB5545_APH_1 sm530jmb63j0 (n) (m) "Person" means an individual, corporation, partnership, association, limited liability company, or any other legal entity.
Final Page WAM H02309'25 a *_HB5545_INTR_1*_HB5545_APH_1 sm530jmb63j0
View plain text versions (2)
- As Passed by the House View text Current pdf
- Introduced House Introduced Bill pdf
Action History
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7/1/2026 - REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
Sponsors
- David W. Martin · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 146 not signed on · 5 voted No
Sponsors (1)
- David W. Martin Republican
Co-sponsors (0)
None.
Not signed on (146)
146 members have not signed on to this bill.
Show all 146 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 52 | 5 | 0 | 0 |
| Democrat | 47 | 0 | 0 | 0 |
| Unaffiliated | 3 | 0 | 0 | 0 |
| Total | 102 | 5 | 0 | 0 |
| % of votes cast | 95% | 5% | 0% | 0% |
How each member voted (107)
| Member | Party | Vote |
|---|---|---|
| Myers-Phillips | — | Yea |
| O’Neal | — | Yea |
| St. Germaine | — | Yea |
| Alabas Farhat | Democrat | Yea |
| Angela Witwer | Democrat | Yea |
| Betsy Coffia | Democrat | Yea |
| Brenda Carter | Democrat | Yea |
| Carol Glanville | Democrat | Yea |
| Carrie Rheingans | Democrat | Yea |
| Cynthia Neeley | Democrat | Yea |
| Denise Mentzer | Democrat | Yea |
| Donavan McKinney | Democrat | Yea |
| Dylan Wegela | Democrat | Yea |
| Emily Dievendorf | Democrat | Yea |
| Erin Byrnes | Democrat | Yea |
| Helena Scott | Democrat | Yea |
| Jason M Hoskins | Democrat | Yea |
| Jason Morgan | Democrat | Yea |
| Jasper Martus | Democrat | Yea |
| Jennifer Conlin | Democrat | Yea |
| Jimmie Wilson Jr | Democrat | Yea |
| Joey Andrews | Democrat | Yea |
| John Fitzgerald | Democrat | Yea |
| Joseph Tate | Democrat | Yea |
| Julie Brixie | Democrat | Yea |
| Julie M. Rogers | Democrat | Yea |
| Kara Hope | Democrat | Yea |
| Kelly A Breen | Democrat | Yea |
| Kristian Grant | Democrat | Yea |
| Laurie Pohutsky | Democrat | Yea |
| Mai Xiong | Democrat | Yea |
| Matt Koleszar | Democrat | Yea |
| Matt Longjohn | Democrat | Yea |
| Mike McFall | Democrat | Yea |
| Morgan Foreman | Democrat | Yea |
| Natalie Price | Democrat | Yea |
| Noah Arbit | Democrat | Yea |
| Penelope Tsernoglou | Democrat | Yea |
| Peter Herzberg | Democrat | Yea |
| Phil Skaggs | Democrat | Yea |
| Ranjeev Puri | Democrat | Yea |
| Reggie Miller | Democrat | Yea |
| Regina Weiss | Democrat | Yea |
| Samantha Steckloff | Democrat | Yea |
| Sharon MacDonell | Democrat | Yea |
| Stephanie A Young | Democrat | Yea |
| Stephen Wooden | Democrat | Yea |
| Tullio Liberati Jr. | Democrat | Yea |
| Veronica Paiz | Democrat | Yea |
| Will Snyder | Democrat | Yea |
| Angela Rigas | Republican | Yea |
| Ann M. Bollin | Republican | Yea |
| Bill Schuette | Republican | Yea |
| Brad Paquette | Republican | Yea |
| Bradley Slagh | Republican | Yea |
| Brian BeGole | Republican | Yea |
| Bryan Posthumus | Republican | Yea |
| Cameron Cavitt | Republican | Yea |
| Curtis S VanderWall | Republican | Yea |
| David Prestin | Republican | Yea |
| David W. Martin | Republican | Yea |
| Donni Steele | Republican | Yea |
| Douglas C Wozniak | Republican | Yea |
| Gina Johnsen | Republican | Yea |
| Greg VanWoerkom | Republican | Yea |
| Gregory Alexander | Republican | Yea |
| Gregory Markkanen | Republican | Yea |
| Jaime Greene | Republican | Nay |
| James DeSana | Republican | Nay |
| Jamie Thompson | Republican | Yea |
| Jason Woolford | Republican | Yea |
| Jay DeBoyer | Republican | Yea |
| Jennifer Wortz | Republican | Nay |
| Jerry Neyer | Republican | Yea |
| John R. Roth | Republican | Yea |
| Joseph A. Aragona | Republican | Yea |
| Joseph Fox | Republican | Yea |
| Joseph Pavlov | Republican | Yea |
| Josh Schriver | Republican | Yea |
| Karl Bohnak | Republican | Yea |
| Kathy Schmaltz | Republican | Yea |
| Ken Borton | Republican | Yea |
| Luke Meerman | Republican | Yea |
| Mark A Tisdel | Republican | Yea |
| Matt Hall | Republican | Yea |
| Matt Maddock | Republican | Yea |
| Matthew Bierlein | Republican | Yea |
| Mike Harris | Republican | Yea |
| Mike Hoadley | Republican | Yea |
| Mike Mueller | Republican | Yea |
| Nancy DeBoer | Republican | Yea |
| Nancy Jenkins-Arno | Republican | Yea |
| Parker Fairbairn | Republican | Yea |
| Pat Outman | Republican | Yea |
| Pauline Wendzel | Republican | Yea |
| Phil Green | Republican | Yea |
| Rachelle Smit | Republican | Yea |
| Ron Robinson | Republican | Yea |
| Rylee Linting | Republican | Yea |
| Sarah Lightner | Republican | Yea |
| Steve Carra | Republican | Nay |
| Steve Frisbie | Republican | Yea |
| Thomas Kuhn | Republican | Yea |
| Tim Kelly | Republican | Yea |
| Timothy Beson | Republican | Nay |
| Tom Kunse | Republican | Yea |
| William Bruck | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 51 | 5 | 0 | 0 |
| Democrat | 47 | 0 | 0 | 0 |
| Unaffiliated | 4 | 0 | 0 | 0 |
| Total | 102 | 5 | 0 | 0 |
| % of votes cast | 95% | 5% | 0% | 0% |
How each member voted (107)
| Member | Party | Vote |
|---|---|---|
| Myers-Phillips | — | Yea |
| O’Neal | — | Yea |
| Outman | — | Yea |
| St. Germaine | — | Yea |
| Alabas Farhat | Democrat | Yea |
| Angela Witwer | Democrat | Yea |
| Betsy Coffia | Democrat | Yea |
| Brenda Carter | Democrat | Yea |
| Carol Glanville | Democrat | Yea |
| Carrie Rheingans | Democrat | Yea |
| Cynthia Neeley | Democrat | Yea |
| Denise Mentzer | Democrat | Yea |
| Donavan McKinney | Democrat | Yea |
| Dylan Wegela | Democrat | Yea |
| Emily Dievendorf | Democrat | Yea |
| Erin Byrnes | Democrat | Yea |
| Helena Scott | Democrat | Yea |
| Jason M Hoskins | Democrat | Yea |
| Jason Morgan | Democrat | Yea |
| Jasper Martus | Democrat | Yea |
| Jennifer Conlin | Democrat | Yea |
| Jimmie Wilson Jr | Democrat | Yea |
| Joey Andrews | Democrat | Yea |
| John Fitzgerald | Democrat | Yea |
| Joseph Tate | Democrat | Yea |
| Julie Brixie | Democrat | Yea |
| Julie M. Rogers | Democrat | Yea |
| Kara Hope | Democrat | Yea |
| Kelly A Breen | Democrat | Yea |
| Kristian Grant | Democrat | Yea |
| Laurie Pohutsky | Democrat | Yea |
| Mai Xiong | Democrat | Yea |
| Matt Koleszar | Democrat | Yea |
| Matt Longjohn | Democrat | Yea |
| Mike McFall | Democrat | Yea |
| Morgan Foreman | Democrat | Yea |
| Natalie Price | Democrat | Yea |
| Noah Arbit | Democrat | Yea |
| Penelope Tsernoglou | Democrat | Yea |
| Peter Herzberg | Democrat | Yea |
| Phil Skaggs | Democrat | Yea |
| Ranjeev Puri | Democrat | Yea |
| Reggie Miller | Democrat | Yea |
| Regina Weiss | Democrat | Yea |
| Samantha Steckloff | Democrat | Yea |
| Sharon MacDonell | Democrat | Yea |
| Stephanie A Young | Democrat | Yea |
| Stephen Wooden | Democrat | Yea |
| Tullio Liberati Jr. | Democrat | Yea |
| Veronica Paiz | Democrat | Yea |
| Will Snyder | Democrat | Yea |
| Angela Rigas | Republican | Yea |
| Ann M. Bollin | Republican | Yea |
| Bill Schuette | Republican | Yea |
| Brad Paquette | Republican | Yea |
| Bradley Slagh | Republican | Yea |
| Brian BeGole | Republican | Yea |
| Bryan Posthumus | Republican | Yea |
| Cameron Cavitt | Republican | Yea |
| Curtis S VanderWall | Republican | Yea |
| David Prestin | Republican | Yea |
| David W. Martin | Republican | Yea |
| Donni Steele | Republican | Yea |
| Douglas C Wozniak | Republican | Yea |
| Gina Johnsen | Republican | Yea |
| Greg VanWoerkom | Republican | Yea |
| Gregory Alexander | Republican | Yea |
| Gregory Markkanen | Republican | Yea |
| Jaime Greene | Republican | Nay |
| James DeSana | Republican | Nay |
| Jamie Thompson | Republican | Yea |
| Jason Woolford | Republican | Yea |
| Jay DeBoyer | Republican | Yea |
| Jennifer Wortz | Republican | Nay |
| Jerry Neyer | Republican | Yea |
| John R. Roth | Republican | Yea |
| Joseph A. Aragona | Republican | Yea |
| Joseph Fox | Republican | Yea |
| Joseph Pavlov | Republican | Yea |
| Josh Schriver | Republican | Yea |
| Karl Bohnak | Republican | Yea |
| Kathy Schmaltz | Republican | Yea |
| Ken Borton | Republican | Yea |
| Luke Meerman | Republican | Yea |
| Mark A Tisdel | Republican | Yea |
| Matt Hall | Republican | Yea |
| Matt Maddock | Republican | Yea |
| Matthew Bierlein | Republican | Yea |
| Mike Harris | Republican | Yea |
| Mike Hoadley | Republican | Yea |
| Mike Mueller | Republican | Yea |
| Nancy DeBoer | Republican | Yea |
| Nancy Jenkins-Arno | Republican | Yea |
| Parker Fairbairn | Republican | Yea |
| Pauline Wendzel | Republican | Yea |
| Phil Green | Republican | Yea |
| Rachelle Smit | Republican | Yea |
| Ron Robinson | Republican | Yea |
| Rylee Linting | Republican | Yea |
| Sarah Lightner | Republican | Yea |
| Steve Carra | Republican | Nay |
| Steve Frisbie | Republican | Yea |
| Thomas Kuhn | Republican | Yea |
| Tim Kelly | Republican | Yea |
| Timothy Beson | Republican | Nay |
| Tom Kunse | Republican | Yea |
| William Bruck | Republican | Yea |
Subjects
Frequently asked questions
- What does HB 5545 do?
- Financial institutions: other; consumer financial services act; revise internal references related to money transmission services. Amends sec. 2 of 1988 PA 161 (MCL 487.2052). TIE BAR WITH: HB 5544'26
- Who sponsors HB 5545?
- HB 5545 is sponsored by David W. Martin (Republican).
- What is the current status of HB 5545?
- This bill has passed the House. Introduced July 01, 2026. It now moves to the second chamber.
- Where can I track HB 5545?
- Track HB 5545 free on One Click Politics — get push/email alerts when it moves.
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