Bill > HB5300

This bill establishes a Federal Elected Official Accountability Office within Michigan's Department of Treasury to track and monitor federal spending. The office will be responsible for identifying and maintaining lists of federal spending bills, tracking how Michigan's congressional representatives vote on these bills, and determining whether the federal government has engaged in deficit spending (spending more money than it receives). If deficit spending is identified, the bill imposes a significant 75% surcharge on the taxable income of federal elected officials who voted in favor of spending bills contributing to the deficit. The office must create annual disclosure forms for federal elected officials, requiring them to detail their votes on spending bills, and make all this information publicly available on the department's website. If a federal elected official believes a specific spending bill should be exempt from triggering the surcharge, they can file a petition with the state legislature, which can then vote to remove the bill from the deficit spending list if a three-quarters majority in both legislative chambers approves. Federal elected officials who fail to comply with these requirements will face penalties similar to those for failing to file a tax return. The bill aims to increase transparency and accountability in federal spending by creating a state-level mechanism to track and potentially penalize what it considers irresponsible fiscal behavior.

Government Affairs

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-5300