MI HB6283

Requires members of the State Board of Education and candidates for that office to file annual personal financial disclosure reports with the Bureau of Elections by May 1 each year.

Requires members of governing boards at University of Michigan, Michigan State University, and Wayne State University, plus candidates for those positions, to file similar annual financial disclosures by May 1 or within 30 days of becoming a candidate.

Reports must disclose income sources ($5,000+), real property holdings ($50,000+), securities ($10,000+), business interests, lobbyist activities, and compensated positions held by the filer and immediate family members.

Establishes late filing fees up to $5,000 ($25/day for first 10 days, then $50/day), and makes knowingly filing incomplete or inaccurate reports a misdemeanor punishable by up to $10,000 fine.

Bureau of Elections receives complaints, investigates violations, and forwards findings to Attorney General for enforcement; all reports made publicly available online within one business day of receipt.