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MI SB1357

Bill

Status

Introduced

6/1/2010

Primary Sponsor

Thomas George

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Origin

Senate

95th Legislature

AI Summary

  • Requires candidates for constitutional convention delegate to file financial disclosure reports with the secretary of state within 30 days of becoming a candidate or receiving contributions.

  • Reports must disclose candidate's name, address, occupation, immediate family members, employers, earned income over $10,000, other income over $10,000, assets over $10,000, liabilities over $10,000, real estate and securities transactions over $10,000, and positions held in organizations.

  • Secretary of state must make reports publicly available on the internet by end of business day received and available for inspection within three business days.

  • Establishes late filing fees ranging from $50 per day for first 3 days, $100 per day for next 7 days, and $1,000 per day thereafter, capped at $10,000 total.

  • Creates civil enforcement mechanism through secretary of state investigations and attorney general prosecution; knowingly filing incomplete or inaccurate reports is a misdemeanor punishable by up to 90 days imprisonment or $10,000 fine.

Legislative Description

Campaign finance; public disclosure; financial disclosure guidelines for candidates for constitutional convention delegate; establish. Creates new act.

Campaign finance, public disclosure

Last Action

Referred To Committee On Campaign And Election Oversight

6/1/2010

Committee Referrals

Campaign & Election Oversight6/1/2010

Full Bill Text

No bill text available