Michigan HB4240 prohibits public bodies from accepting foreign influence and requires disclosure of foreign gifts and grants.

Michigan HB4240, known as the "foreign influence of public bodies act," restricts public bodies from entering into agreements or accepting grants from foreign countries of concern. These countries include China, Russia, Iran, North Korea, Cuba, Venezuela, and Syria. Public bodies must also screen individuals receiving gifts or grants worth $50,000 or more from these countries. The Department of Insurance and Financial Services must investigate violations and establish a website for disclosure. Violations of disclosure requirements can result in fines and prosecution.

Michigan HB4240 prohibits public bodies from accepting foreign influence and requires disclosure of foreign gifts and grants.

Michigan HB4240, known as the "foreign influence of public bodies act," restricts public bodies from entering into agreements or accepting grants from foreign countries of concern. These countries include China, Russia, Iran, North Korea, Cuba, Venezuela, and Syria. Public bodies must also screen individuals receiving gifts or grants worth $50,000 or more from these countries. The Department of Insurance and Financial Services must investigate violations and establish a website for disclosure. Violations of disclosure requirements can result in fines and prosecution.