Michigan legislation · 103rd Legislature
Michigan HB6403: Financial institutions: credit cards; merchant category codes; prohibit certain disclosure and processing of. Creates new act.
Status: In committee, September 24, 2026
What the bill says
To prohibit the disclosure and processing of certain merchant category codes; to provide for the powers and duties of certain state governmental officers and entities; and to provide remedies.
From the introduced text, September 24, 2026:
A bill to prohibit the disclosure and processing of certain merchant category codes; to provide for the powers and duties of certain state governmental officers and entities; and to provide remedies. the people of the state of michigan enact: Sec. 1. This act may be cited as the "privacy in purchasing act". Sec. 3. As used in this act: (a) "Disclose" means to release, transfer, or otherwise divulge a merchant category code to another person. (b) "Merchant" means a person or agent of a person that accepts credit, debit, or prepaid cards as a form of payment from customers for the purchase of goods or services. (c) "Merchant category code" means a code or other indicator that classifies the goods or services or types of goods or services involved in a transaction or that enables the classification of merchants into categories based on the type of business, trade, or service that the merchant supplies. Merchant category code includes, but is not limited to, a multidigit code issued by the International Organization for Standardization. (d) "Payment card network" means a person or an agent of a person that enables a merchant to accept credit, debit, or prepaid cards as a form of payment by providing the proprietary services, infrastructure, and software that routes the information necessary to authorize, clear, and settle …
Sponsors
- Posthumus, Bryan (R, 90) · primary sponsor
- Fairbairn, Parker (R, 107)
- Rheingans, Carrie (D, 47)
Latest actions
- : bill electronically reproduced 09/24/2026
- : referred to Committee on Regulatory Reform
- : read a first time
- : introduced by Representative Rep. Bryan Posthumus
Subjects: Financial institutions: credit cards, Consumer protection: privacy
Common questions
- What is HB6403?
- HB6403 is a bill in the Michigan Legislature (103rd Legislature): Financial institutions: credit cards; merchant category codes; prohibit certain disclosure and processing of. Creates new act.
- What does HB6403 do?
- In its own words: To prohibit the disclosure and processing of certain merchant category codes; to provide for the powers and duties of certain state governmental officers and entities; and to provide remedies.
- What is the status of HB6403?
- In committee as of September 24, 2026. Latest action: bill electronically reproduced 09/24/2026 (September 24, 2026).
- Who sponsored HB6403?
- Posthumus, Bryan (R, 90), with 2 co-sponsors.
- Where is the official record for HB6403?
- On the Michigan Legislature website: https://www.legislature.mi.gov/Bills/Bill?ObjectName=2026-HB-6403
Source: official Michigan record. Tracked by Delilah, AI for legislation across all 50 states and Congress.