Bill Text: MI HB4419 | 2013-2014 | 97th Legislature | Introduced
Bill Title: Campaign finance; other; independent expenditures by corporations; require certain reports and disclaimers. Amends 1976 PA 388 (MCL 169.201 - 169.282) by adding sec. 55a.
Spectrum: Partisan Bill (Democrat 35-0)
Status: (Introduced - Dead) 2013-03-13 - Printed Bill Filed 03/13/2013 [HB4419 Detail]
Download: Michigan-2013-HB4419-Introduced.html
HOUSE BILL No. 4419
March 12, 2013, Introduced by Reps. Yanez, LaVoy, Ananich, Brinks, Singh, Hobbs, Smiley, Knezek, Faris, Greimel, Brunner, Barnett, Rutledge, Hovey-Wright, Roberts, Banks, Brown, Townsend, Irwin, Zemke, McCann, Dillon, Switalski, Segal, Kosowski, Tlaib, Driskell, Lamonte, Cavanagh, Kandrevas, Schor, Slavens, Lipton, Abed and Oakes and referred to the Committee on Elections and Ethics.
A bill to amend 1976 PA 388, entitled
"Michigan campaign finance act,"
(MCL 169.201 to 169.282) by adding section 55a.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 55a. (1) A corporation or joint stock company that makes
an independent expenditure shall submit a report to the secretary
of state at least 5 days before the date of the independent
expenditure. The report shall be submitted electronically over the
internet in the manner prescribed by the secretary of state and
shall be immediately posted on the secretary of state's website.
The report shall include the dates of the expenditure, the
candidate to whom the communication funded by the expenditure
refers, the amount of the expenditure, the name and address of the
person to whom the expenditure will be paid, the name and address
of the person filing the report, and the names and addresses of the
5 highest contributors to the expenditure.
(2) A corporation or joint stock company that makes an
independent expenditure shall place 1 of the following disclaimers
on the communication:
(a) Printed communication disclaimers shall state: "Paid for
with corporate funds by _______________________ (name and address
of corporation or joint stock company)" and include the name and
photograph of the president of that corporation or joint stock
company. The disclaimer must be of sufficient type size to be
clearly readable, must be contained in a printed box set apart from
the other content of the communication, and must be legible.
(b) Electronic communication disclaimers shall comply with
subdivision (a) and shall be clearly readable during the entire
broadcast of the advertisement. Electronic communication includes
any electronic means of visual communication, such as television
and the internet.
(c) Radio communication disclaimers shall include the voice of
the president of the corporation or joint stock company making the
statement in subdivision (a) and identifying himself or herself as
the president of the corporation or joint stock company.
