Michigan Disclosure Bills Introduced in the Senate
Update: Oct 16-27, 2023
With the passing of Proposal 22-1, the Senate needs to adhere to the deadline given by the end of this year to pass financial disclosure legisaltion. Senate Bill 613-616 was introduced Tuesday, October 24, to keep state legislators accountable by mandating that they disclose their financial status as well as limit their total years served in Lansing to a maximum of 12 years.
However, legislators found that the bill has some loopholes. Legislators currently do not need to disclose gifts and their spouse’s financial income, which some view as joint income.
Michigan is currently one of two states that do not require state legislators to report their financial assets to the public.