Businesses: nonprofit corporations; power of nonprofit corporations to spend in elections or ballot issues; revoke. Amends secs. 261, 271, 821, 1012 & 1041 of 1982 PA 162 (MCL 450.2261 et seq.) & adds sec. 261a. TIE BAR WITH: SB 1085'26, SB 1087'26

Summary

SB 1086 would amend several sections of the 1982 Public Act 162 and add a new section to prohibit nonprofit corporations from making political expenditures. The change would apply to all nonprofit corporations operating in Michigan, limiting their involvement in campaign and ballot‑issue financing. It is tied to companion bills SB 1085 and SB 1087 and is currently referred to committee.

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