Plain English Breakdown
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Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.
SB774 • 2026
Financial institutions: money transmitters; foreign remittance transfers; prohibit under certain circumstances. Amends secs. 2, 3 & 25 of 2006 PA 250 (MCL 487.1002 et seq.) & adds secs. 21a & 35.
The official status still shows this bill as active or still awaiting another formal step.
The plain English breakdown is still being put together. The official documents below are already here.
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
Financial institutions: money transmitters; foreign remittance transfers; prohibit under certain circumstances. Amends secs. 2, 3 & 25 of 2006 PA 250 (MCL 487.1002 et seq.) & adds secs. 21a & 35.