2026 House Bill 5544

Financial institutions: money transmitters; money transmission modernization act; create.

A bill to regulate the business of money transmission; to require the licensing of persons engaged in the business of money transmission; to prescribe the powers and duties of certain state and local officers and entities; to prescribe penalties and civil sanctions; and to repeal acts and parts of acts.

Introduced in the House

Feb. 19, 2026

Introduced by Rep. Sarah Lightner (R-45) and five co-sponsors

Co-sponsored by Reps. Mark Tisdel (R-55), David Martin (R-68), Brenda Carter (D-53), Will Snyder (D-87) and Bill Schuette (R-95)

Referred to the Committee on Finance