Bill > HB5928

This bill amends the Michigan Campaign Finance Act by updating and expanding the requirements for electronic reporting and public disclosure of campaign finance information. The key provisions of this bill include: 1. Requiring the Secretary of State to make all campaign finance statements and reports filed electronically available to the public on a single website within 3 business days. 2. Expanding the electronic filing requirements to include committees that received or expended $5,000 or more in the previous or current calendar year, and requiring the Secretary of State to update the electronic filing system as changes are made to campaign finance reporting requirements. 3. Enhancing the disclosure requirements for campaign expenditures, including requiring more detailed descriptions of the purpose of each expenditure. 4. Establishing new reporting requirements for "bundled" contributions delivered to candidate committees for statewide elective office. 5. Expanding the record retention requirements for campaign finance statements and reports, including requiring 15-year preservation for committees that received over $50,000 in an election cycle. Overall, this bill aims to modernize and improve the transparency of Michigan's campaign finance system through expanded electronic reporting and disclosure.

Government Affairs

http://legislature.mi.gov/doc.aspx?2022-HB-5928