Businesses: business corporations; power of corporations to spend in elections or ballot issues; revoke. Amends secs. 261, 271, 821, 1012 & 1041 of 1972 PA 284 (MCL 450.1261 et seq.) & adds sec. 261a. TIE BAR WITH: HB 6216'26, HB 6217'26

Summary

The House bill amends several sections of the 1972 Public Act 284 to eliminate the authority of business corporations to make expenditures in elections or on ballot measures, and it adds a new Section 261a. It targets corporate political spending and is tied to companion bills HB 6216 and HB 6217. The measure is currently referred to a committee.

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