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MI HB6184
Bill
Status
Introduced
5/18/2010
Primary Sponsor
Lesia Liss
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AI Summary
- Corporations and joint stock companies are prohibited from making independent expenditures without first disclosing the amount and nature of the expenditure to all shareholders or members at least 30 days in advance
- A majority of shareholders or members must affirmatively consent in writing to the independent expenditure before it can be made
- Corporations and joint stock companies must maintain compliance records that must be promptly provided to any Michigan elector who requests them
- This bill takes effect only if House Bills 6182, 6183, 6185, 6186, 6187, and 6188 are all enacted into law
Legislative Description
Campaign finance; contributions and expenditures; independent expenditures by corporations; require disclosure to and approval by shareholders. Amends 1976 PA 388 (MCL 169.201 - 169.282) by adding sec. 55b.
Campaign finance, contributions and expenditures
Last Action
Referred To Committee On Campaign And Election Oversight
6/23/2010
Committee Referrals
Campaign & Election Oversight6/23/2010
Ethics And Elections5/18/2010
Full Bill Text
No bill text available