Michigan HB6217 amends the nonprofit corporation act to prohibit nonprofit corporations from spending money in support of or in opposition to.

Michigan HB6217 amends the nonprofit corporation act to explicitly prohibit nonprofit corporations from spending money in support of or in opposition to candidates, political parties, political committees, or ballot questions. The bill states that such actions by domestic corporations are invalid and subject to disgorgement, while foreign corporations are invalid and subject to disgorgement if they perform these acts. The provisions apply to both domestic and foreign nonprofit corporations, clarifying their powers and limitations regarding political spending.

Michigan HB6217 amends the nonprofit corporation act to prohibit nonprofit corporations from spending money in support of or in opposition to.

Michigan HB6217 amends the nonprofit corporation act to explicitly prohibit nonprofit corporations from spending money in support of or in opposition to candidates, political parties, political committees, or ballot questions. The bill states that such actions by domestic corporations are invalid and subject to disgorgement, while foreign corporations are invalid and subject to disgorgement if they perform these acts. The provisions apply to both domestic and foreign nonprofit corporations, clarifying their powers and limitations regarding political spending.