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MI SB1366
Bill
AI Summary
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Establishes civil penalties of up to $1,000 per violation for officers, shareholders, or members of corporations or joint stock companies who affirmatively consent to independent expenditures that violate the Michigan campaign finance act.
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Requires corporations and joint stock companies to annually notify all officers, shareholders, and members of potential penalties they may face under this section and section 55e.
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Takes effect only if Senate Bill No. 1365 of the 95th Legislature is enacted into law.
Legislative Description
Campaign finance; violations; improper independent expenditures by a corporation; hold officers and shareholders liable in certain circumstances. Amends 1976 PA 388 (MCL 169.201 - 169.282) by adding sec. 55f. TIE BAR WITH: SB 1365'10
Campaign finance, violations
Last Action
Referred To Committee On Campaign And Election Oversight
6/2/2010