HB 6403·MI·house
Financial institutions: credit cards; merchant category codes; prohibit certain disclosure and processing of. Creates new act.
In CommitteeFiled Sep 24, 2026
Sponsor: Bryan Posthumus (R)
Latest Action
bill electronically reproduced 09/24/2026
Sep 29, 2026
Summary
The bill establishes a new law that prohibits specific ways credit‑card companies can disclose and process merchant category codes. It would impact financial institutions that issue credit cards and the merchants that accept them, aiming to change how transaction data is handled.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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