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Introduced March 17, 2026
Official text and analysis
Financial institutions: money transmitters; money transmission modernization act; create. Creates new act & repeals 2006 PA 250 (MCL 487.1001 - 487.1047).
Sponsor: Rosemary Bayer
Cosponsors: Roger Victory, Mary Cavanagh, John Damoose, Veronica Klinefelt
Referred to Senate Finance, Insurance, and Consumer Protection Committee
