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MI HB6286

Bill

Status

Introduced

8/15/2018

Primary Sponsor

Tenisha Yancey

Click for details

Origin

House of Representatives

99th Legislature

AI Summary

HB 6286 Summary

  • Requires state supreme court justices, judges, and candidates for state judicial office to file annual personal financial disclosure reports with the Bureau of Elections by May 1 each year.

  • Reports must disclose earned income sources ($5,000+), investment holdings (stocks, bonds, real estate valued at $50,000+), business positions ($1,000+ compensation), and other financial interests held by the filer and immediate family members.

  • Bureau of Elections must make filed reports publicly available online within one business day and available for inspection within three business days of receipt.

  • Establishes penalties for violations: late filing fees of $25-50 per business day (up to $5,000), and misdemeanor charges with fines up to $10,000 for knowingly filing incomplete or inaccurate reports.

  • Takes effect 90 days after enactment and allows certain exemptions for spousal assets, inherited property, and Social Security benefits.

Legislative Description

Public employees and officers; ethics; financial disclosure report; require certain candidates for judicial office to file. Creates new act.

State agencies (existing): state

Last Action

Bill Electronically Reproduced 08/15/2018

9/5/2018

Committee Referrals

Elections And Ethics8/15/2018

Full Bill Text

No bill text available