Michigan SB0100 amends campaign finance laws to modify the definition of a gift and update financial disclosure requirements for candidates.

Michigan SB0100 amends the Michigan campaign finance act to modify the definition of a gift and update financial disclosure requirements for candidates. The bill adjusts the fair market value for securities to be updated every four years using the Detroit Consumer Price Index. Candidates are exempt from disclosing stocks in widely held investment funds if they do not control the fund. The bill also mandates the creation of a standard financial disclosure form and an electronic filing system for statements and reports.

Michigan SB0100 amends campaign finance laws to modify the definition of a gift and update financial disclosure requirements for candidates.

Michigan SB0100 amends the Michigan campaign finance act to modify the definition of a gift and update financial disclosure requirements for candidates. The bill adjusts the fair market value for securities to be updated every four years using the Detroit Consumer Price Index. Candidates are exempt from disclosing stocks in widely held investment funds if they do not control the fund. The bill also mandates the creation of a standard financial disclosure form and an electronic filing system for statements and reports.