KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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HB4511 • 2026

State finance: other; limitations on holding a digital asset; prohibit. Creates new act.

State finance: other; limitations on holding a digital asset; prohibit. Creates new act.

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Last action
Official status
placed on third reading
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. Michigan Legislature

    placed on third reading

Official Summary Text

State finance: other; limitations on holding a digital asset; prohibit. Creates new act.