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MI HB6185
Bill
Status
5/18/2010
Primary Sponsor
Lesia Liss
Click for details
AI Summary
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Prohibits corporations and joint stock companies with state or local government contracts, grants, tax incentives, or tax credits from making independent expenditures until those benefits expire.
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Prohibits corporations and joint stock companies that have applied for, bid on, or requested state or local contracts, grants, tax incentives, or credits from making independent expenditures while the application, bid, or request is pending.
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Prohibits corporations and joint stock companies that received federal financial assistance under the Troubled Asset Relief Program (TARP) or similar federal programs from making independent expenditures until they repay that assistance.
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Takes effect only if House Bills 6182, 6183, 6184, 6186, 6187, and 6188 are all enacted into law.
Legislative Description
Campaign finance; contributions and expenditures; certain independent expenditures by corporations; prohibit. Amends 1976 PA 388 (MCL 169.201 - 169.282) by adding sec. 55c.
Campaign finance, contributions and expenditures
Last Action
Referred To Committee On Campaign And Election Oversight
6/23/2010