An act to amend 1976 PA 388, entitled “An act to regulate political activity; to regulate campaign financing; to restrict campaign contributions and expenditures; to require campaign statements and reports; to regulate anonymous contributions; to regulate campaign advertising and literature; to provide for segregated funds for political purposes; to provide for the use of public funds for political purposes; to create certain funds; to provide for reversion, retention, or refunding of unexpended balances in certain funds; to require other statements and reports; to regulate acceptance of certain gifts, payments, and reimbursements; to prescribe the powers and duties of certain state departments and state and local officials and employees; to provide appropriations; to prescribe penalties and provide remedies; and to repeal certain acts and parts of acts,” (MCL 169.201 to 169.282) by adding section 44a.
Mandates annual disclosure from Michigan public officers of comprehensive financial information, including earned and unearned income, liabilities over $10,000, and details of certain assets and real property valued at $1,000 or more. It also requires disclosure of employment positions, sources of income, future employment agreements, gifts, and travel payments received from lobbyists, as well as any involvement with companies that are registered vendors with the state. The act aims to enhance transparency, establishing a baseline for financial disclosures and encouraging further voluntary disclosures. It specifies the creation of a financial disclosure form, sets penalties for non-compliance, and outlines the responsibilities of various governmental officers and entities.
Co-sponsored by Sens.
Referred to the Committee on Oversight
Reported without amendment
Referred to the Committee of the Whole
Reported without amendment
Passed in the Senate 36 to 2 (details)
1. Amend page 1, line 5, by striking out all of enacting section 1 and inserting:
“Enacting section 1. This amendatory act does not take effect unless Senate Bill No. 616 of the 102nd Legislature is enacted into law.”.
The amendment failed by voice vote
Passed in the House 61 to 47 (details)
Motion to give immediate effect
by
The motion prevailed by voice vote
