2026 Senate Bill 1027

Financial institutions: credit unions; requirements for amending the bylaws of credit unions; modify.

A bill to amend 2003 PA 215, entitled “Credit union act,” by amending section 303 (MCL 490.303), as amended by 2016 PA 153.

Introduced in the Senate

June 10, 2026

Introduced by Sen. Mary Cavanagh (D-6) and five co-sponsors

Co-sponsored by Sens. Veronica Klinefelt (D-11), Paul Wojno (D-10), Joseph Bellino (R-16), Stephanie Chang (D-3) and Ruth Johnson (R-24)

Referred to the Committee on Finance, Insurance, and Consumer Protection