Rep. David Martin

Maddy summaryHB 5549 updates the Consumer Financial Services Act to align its references with the separate Money Transmission Services Modernization Act. It requires financial institutions applying for a license to provide money transmission services to file a surety bond in an amount matching the bond requirement for money transmission licensees under that separate law (Section 13(5)(b)). This change ensures consistency between the two laws regarding bond amounts for money transmission services, directly affecting institutions seeking such licenses in Michigan. The bill does not create new requirements but corrects internal references to avoid confusion in licensing rules.

Maddy summaryHB 5545 updates the Consumer Financial Services Act to correct outdated references to money transmission services. It revises Section 2 of the law to accurately include the Money Transmission Modernization Act and fix an error in the reference to the Money Transmission Services Act (2006 PA 250). This ensures Michigan's financial licensing definitions remain current and error-free for regulators and institutions. The bill does not change regulatory requirements for money transmitters but aligns legal references with existing statutes.

Maddy summaryHB 5544, the "Money Transmission Modernization Act," creates a new regulatory framework for money transmitters (such as digital payment apps and services) operating in Michigan. It replaces Michigan’s outdated 2006 money transmission laws, requiring these businesses to obtain state licenses, standardizing which activities need licensing, and establishing safety rules to protect customer funds. The bill also mandates that transmitters calculate their average daily money transmission liability and adhere to modernized requirements for financial crime prevention and regulatory coordination. This affects all money transmitters serving Michigan residents and the Department of Insurance and Financial Services, which will enforce the new rules.

Maddy summaryHB 5546 amends Michigan's Deferred Presentment Service Transactions Act to clarify which financial services fall under its regulation. It revises definitions to explicitly exclude certain loan types - like those regulated under the Consumer Financial Services Act, Mortgage Brokers Act, or Money Transmission Modernization Act - from being classified as "deferred presentment service transactions." This change ensures payday-style loans (where customers provide checks for cash with delayed repayment) remain governed by this specific law, while other licensed loans continue under separate regulations. The bill does not create new rules but updates references to align with current financial service laws.

Maddy summaryHB 5548 amends Michigan's Consumer Financial Services Act to update internal references related to money transmission services. It specifically clarifies the net worth requirement for applicants seeking licenses to provide money transmission services, maintaining a base requirement of $100,000 plus $25,000 for each location (or $1 million total, whichever is less). The bill does not change the actual financial requirements but ensures consistent terminology with Michigan's separate Money Transmission Services Act. This affects businesses applying for or holding licenses to operate money transmission services in Michigan.

Maddy summaryHB 5550 updates the Consumer Financial Services Act to correctly reference "money transmission services" as defined in the separate Money Transmission Services Act. It revises Section 10g of the act to align internal references with current definitions, ensuring consistency between laws. This is a technical correction affecting how the law cites money transmission services, not a change to enforcement rules or penalties. The bill does not alter existing prohibitions on fraud, money laundering, or licensing requirements. It takes effect January 1, 2026, pending passage of related legislation (HB 5544).

Maddy summaryHB 5547 revises Michigan's sentencing guidelines specifically for money transmission violations, which involve illegal activities like operating unlicensed money services. This bill directly affects individuals convicted of such offenses by updating the sentencing framework under existing law (MCL 777.14p). The key provision is amending the sentencing guidelines to reflect current legal standards for these violations, without creating new penalties. The bill focuses on procedural adjustments to the criminal code, not new policies or outcomes. (1 sentence for procedural bill)

Maddy summaryThis bill extends the state of energy emergency in Michigan by an additional 77 days, effective July 1, 2026. The measure allows the sale of E15 fuel in several counties where current regulations previously restricted it to lower vapor pressure gasoline. By suspending these fuel requirements, the extension aims to increase fuel supply options and help manage rising gas prices for consumers and businesses. The resolution requires approval from both the House and Senate before being sent to the Governor.

Maddy summaryThis bill prohibits law enforcement officers and state agency employees in Michigan from using the "open fields doctrine" during searches. The open fields doctrine is a legal rule that currently allows police to search open areas without a warrant, but this legislation would remove that exception for state-level searches. As a result, any search conducted by these officials in open fields would require a warrant or another valid legal justification. The law directly affects state departments, boards, and commissions, as well as the officers and agents who work for them.

Maddy summaryHB 4894 modifies Michigan's Skilled Trades Regulation Act by adding Section 1020 to remove a requirement that building inspector applicants must have completed qualifying experience within the 5 years before applying. This change directly affects individuals seeking registration as building inspectors by allowing them to use qualifying experience earned more than five years prior. The bill's key mechanism eliminates a specific time limit on qualifying experience, making it easier for applicants with older experience to apply. It does not change other licensing fees or standards, only the experience timeline for building inspector registration.