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34th Legislature(2025-2026)

Bill History/Action for Legislature

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  • Bill SB 249
  • Current Status (S) CONCURRED(H) AM
  • Status Date 05/20/2026
  • Bill Version HCS CSSB 249(L&C)
  • Short Title VIRTUAL CURRENCY KIOSKS
  • Sponsor(S) SENATORS TILTON, Cronk, Myers, Dunbar, Claman, Merrick, Bjorkman, Tobin, Kawasaki, Giessel, Gray-Jackson, Rauscher, Kaufman, Stedman, Stevens
    REPRESENTATIVES Gray, Hall, Tomaszewski, Josephson, Galvin, McCabe, Mears

  • Title "An Act relating to virtual currency kiosks; relating to transactions involving virtual currency; relating to unfair trade or deceptive acts or practices; and providing for an effective date."
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Full Text of SB 249 Intro/ Offered Passed
Version Amended Name PDF Date House Senate
SB0249A SB 249 pdf
SB0249B CSSB 249(L&C) pdf
SB0249C CSSB 249(JUD) pdf
SB0249D CSSB 249(JUD) am pdf
SB0249E HCS CSSB 249(L&C) pdf

Fiscal Action Summary

SB 249 Published
Fiscal Note Preparer Date Chamber Fiscal Impact Cmte Report Approp Bill
pdf Fiscal Note 1 Commerce, Community & Econ. Dev. S N SL&C, SJUD, HL&C

Bill Amendments Summary

  • Bill : SB 249

Amendments that are adopted are incorporated into the next version of the bill.
PDF versions of the amendment may have slight variations from the Journal entry. The Journal should be considered the authoritative version.

Action Journal
Amendment Chamber Action Date Page PDF
AM 1 S AM NO 1 ADOPTED UC 2601 pdf

House and Senate Minutes/Recordings

  • Bill : SB 249
Meeting Date Start Time Title Meeting Details
5/13/2026 3:15 PM HOUSE LABOR & COMMERCE Audio/Video
4/24/2026 1:30 PM SENATE JUDICIARY Audio/Video
3/30/2026 1:30 PM SENATE JUDICIARY Audio/Video
3/20/2026 1:30 PM SENATE JUDICIARY Audio/Video
3/16/2026 1:30 PM SENATE LABOR & COMMERCE Audio/Video
3/13/2026 1:30 PM SENATE LABOR & COMMERCE Audio/Video
3/2/2026 1:30 PM SENATE LABOR & COMMERCE Audio/Video

Documents for Bill SB 249 34th Legislature

Additional documents may be added - continue to check back.

Document Name Date/Time Subjects
SB 249 Amendment T.1.pdf HL&C 5/13/2026 3:15:00 PM
 		SB 249
SB 249 - HL&C Committee Substitute Version T.pdf HL&C 5/13/2026 3:15:00 PM
 		SB 249
SB 249 fiscal note.pdf HL&C 5/13/2026 3:15:00 PM
 		SB 249
SB 249 Version H (SJUD).pdf HL&C 5/13/2026 3:15:00 PM
 		SB 249
SB249_Cryptocurrency_Fraud, SectionalAnalysis_SJUD.pdf HL&C 5/13/2026 3:15:00 PM
 		SB 249
SB249_Cryptocurrency_Fraud, SponsorStatement_verH_SJUD.pdf HL&C 5/13/2026 3:15:00 PM
 		SB 249
SB 249 Summary of Changes ver. I to ver. H 4.24.26.pdf SJUD 4/24/2026 1:30:00 PM
 		SB 249
SB 249 work draft ver. H 4.23.26.pdf SJUD 4/24/2026 1:30:00 PM
 		SB 249
NOT OFFERED SB 249 version G 4.20.26.pdf SJUD 4/24/2026 1:30:00 PM
 		SB 249
SB 249 Sponsor Statement ver. I.pdf SJUD 3/20/2026 1:30:00 PM
 		SB 249
SB 249 Sectional Analysis ver. I.pdf SJUD 3/20/2026 1:30:00 PM
 		SB 249
SB 249 Fiscal Note DCCED-DBS 2.27.26.pdf SJUD 3/20/2026 1:30:00 PM
 		SB 249
SB 249 ver. I 3.18.26.pdf SJUD 3/20/2026 1:30:00 PM
 		SB 249
SB 249 Supporting Documents-White Paper Michigan Attorney General.pdf SJUD 3/20/2026 1:30:00 PM
 		SB 249
SB 249 Supporting Documents-White Paper FinCEN 08.04.25.pdf SJUD 3/20/2026 1:30:00 PM
 		SB 249
SB 249 Supporting Documents-Article Stateline 07.28.26.pdf SJUD 3/20/2026 1:30:00 PM
 		SB 249
SB 249 Supporting Documents-Article NCSL 07.11.25.pdf SJUD 3/20/2026 1:30:00 PM
 		SB 249
SB 249 Supporting Documents-Article AARP 02.12.26.pdf SJUD 3/20/2026 1:30:00 PM
 		SB 249
SB249 Sectional Analysis ver. A.pdf SJUD 3/20/2026 1:30:00 PM
 		SB 249
SB249 Sponsor Statement ver. A.pdf SJUD 3/20/2026 1:30:00 PM
 		SB 249
SB 249 ver.A.pdf SJUD 3/20/2026 1:30:00 PM
 		SB 249
SB249 Draft Proposed CS ver. N.pdf SL&C 3/16/2026 1:30:00 PM
 		SB 249
SB249 Supporting Documents-White Paper-FinCEN 08.04.25.pdf SL&C 3/13/2026 1:30:00 PM
 		SB 249
SB249 Public Testimony-Letter-AARP-Support 02.27.2026.pdf SL&C 3/13/2026 1:30:00 PM
 		SB 249
SB249 Background Documents-FBI 2024 IC3 Annual Report.pdf SL&C 3/13/2026 1:30:00 PM
 		SB 249
SB249 Public Testimony-Letter-CoinFlip 03.12.26.pdf SL&C 3/13/2026 1:30:00 PM
 		SB 249
SB249 Public Testimony-Email-Donna Anthony 03.12.26.pdf SL&C 3/13/2026 1:30:00 PM
 		SB 249
SB249 Public Testimony-CoinFlip-Crypto Customer Warnings ID.pdf SL&C 3/13/2026 1:30:00 PM
 		SB 249
SB249 Background Documents-FBI 2024 IC3 State Report.pdf SL&C 3/13/2026 1:30:00 PM
 		SB 249
SB249 Background Document-FBI Report on Internet Crime 05.13.25.pdf SL&C 3/13/2026 1:30:00 PM
 		SB 249
SB249 Public Testimony-Letter-CoinFlip 03.02.26.pdf SL&C 3/2/2026 1:30:00 PM
 		SB 249
SB249 Supporting Documents-Article NCSL 07.11.25.pdf SL&C 3/2/2026 1:30:00 PM
 		SB 249
SB249 Supporting Documents-Article AARP 02.12.26.pdf SL&C 3/2/2026 1:30:00 PM
 		SB 249
SB249 Sponsor Statement ver. A.pdf SL&C 3/2/2026 1:30:00 PM
 		SB 249
SB249 Sectional Analysis ver. A.pdf SL&C 3/2/2026 1:30:00 PM
 		SB 249
SB249 Fiscal Note-DCCED-DBS-02.27.26.pdf SL&C 3/2/2026 1:30:00 PM
 		SB 249
SB249 Supporting Documents-White Paper Michigan Attorney General.pdf SL&C 3/2/2026 1:30:00 PM
 		SB 249
SB249 ver. A.pdf SL&C 3/2/2026 1:30:00 PM
 		SB 249
SB249 Supporting Documents-Article Stateline 07.28.26.pdf SL&C 3/2/2026 1:30:00 PM
 		SB 249
Jrn Date Jrn Page Text
1715 (S) READ THE FIRST TIME - REFERRALS
1715 (S) L&C, JUD
1732 (S) COSPONSOR(S): CRONK, MYERS
Text (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
Text (S) Heard & Held
Text (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
Text (S) Heard & Held
Text (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
Text (S) Moved CSSB 249(L&C) Out of Committee
1973 (S) L&C RPT CS 1DP 2NR 2AM SAME TITLE
1973 (S) DP: BJORKMAN
1973 (S) NR: YUNDT, GRAY-JACKSON
1973 (S) AM: DUNBAR, MERRICK
1974 (S) FN1: ZERO(CED)
1978 (S) COSPONSOR(S): DUNBAR
Text (S) JUDICIARY at 01:30 PM BUTROVICH 205
Text (S) Heard & Held
Text (S) JUDICIARY at 01:30 PM BUTROVICH 205
Text (S) Heard & Held
Text (S) JUDICIARY at 01:30 PM BUTROVICH 205
Text (S) Moved CSSB 249(JUD) Out of Committee
2366 (S) JUD RPT CS 4DP 1NR TECHNICAL TITLE CHANGE
2366 (S) DP: CLAMAN, TILTON, KIEHL, STEVENS
2366 (S) NR: TOBIN
2366 (S) FN1: ZERO(CED)
2568 (S) RULES TO CALENDAR 5/11/2026
2568 (S) READ THE SECOND TIME
2568 (S) JUD CS ADOPTED UC
2569 (S) ADVANCED TO THIRD READING 5/12 CAL
2578 (S) COSPONSOR(S): CLAMAN, MERRICK, BJORKMAN, TOBIN
Text (H) LABOR & COMMERCE at 03:15 PM BARNES 124
Text (H) <Bill Hearing Canceled> -- Delayed to a Call of the Chair --
2598 (S) READ THE THIRD TIME CSSB 249(JUD)
2598 (S) RETURN TO SECOND FOR AM 1 UC
2601 (S) AM NO 1 ADOPTED UC
2601 (S) AUTOMATICALLY IN THIRD READING
2601 (S) COSPONSOR(S): KAWASAKI, GIESSEL, GRAY-JACKSON, RAUSCHER, KAUFMAN, STEDMAN,
2601 (S) STEVENS
2602 (S) PASSED Y20 N-
2602 (S) EFFECTIVE DATE(S) SAME AS PASSAGE
2606 (S) TRANSMITTED TO (H)
2606 (S) VERSION: CSSB 249(JUD) AM
2524 (H) READ THE FIRST TIME - REFERRALS
2524 (H) L&C
Text (H) LABOR & COMMERCE at 03:15 PM BARNES 124
Text (H) Moved HCS CSSB 249(L&C) Out of Committee -- Recessed to 08:00 am 5/14--
2571 (H) L&C RPT HCS(L&C) 5DP 1AM
2571 (H) DP: FRIER, COULOMBE, CARRICK, FIELDS, HALL
2571 (H) AM: SADDLER
2571 (H) FN1: ZERO(CED)
2905 (H) RULES TO CALENDAR 5/19/2026
2905 (H) READ THE SECOND TIME
2906 (H) L&C HCS ADOPTED UC
2906 (H) ADVANCED TO THIRD READING UC
2906 (H) READ THE THIRD TIME HCS CSSB 249(L&C)
2906 (H) PASSED Y40
2907 (H) EFFECTIVE DATE(S) SAME AS PASSAGE
2955 (H) CROSS SPONSOR(S): GRAY, HALL, TOMASZEWSKI, JOSEPHSON, GALVIN, MCCABE, MEARS,
2955 (H) VANCE
2957 (H) TRANSMITTED TO (S) AS AMENDED
2957 (H) VERSION: HCS CSSB 249(L&C)
(S) CONCUR MESSAGE READ AND TAKEN UP
(S) CONCUR AM OF (H) Y20 N-
(S) EFFECTIVE DATE(S) SAME AS PASSAGE
(S) AWAITING TRANSMITTAL TO GOV
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