Bill > HB5091

This bill amends the Public Officers Financial Disclosure Act by expanding the definition of "public officer" to include county commissioners and county executives from counties with populations over 150,000 people. The bill provides comprehensive definitions for various terms related to financial disclosure, including defining key concepts like "earned income" (salary, wages, tips, bonuses), "unearned income" (income not from employment like dividends and pensions), "liabilities" (debts owed), "gifts", and "honorariums". The bill specifies that the financial disclosure report covers the preceding calendar year and must be filed using a specific form published by the Department of State. The expanded definition of public officers means that county commissioners and county executives in larger counties will now be required to submit the same type of detailed financial disclosure reports as state-level elected officials like representatives, senators, the governor, lieutenant governor, attorney general, and secretary of state. The bill draws on definitions from various sources including federal regulations and other Michigan laws to provide precise legal terminology for financial reporting requirements.

Government Affairs

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-5091