Legislature Passes Financial Disclosure

Nov 10, 2023

by Liz Gullett

As MLC’s Communications and Social Media Manager, Liz Gullett keeps clients informed and up-to-date on the goings on in Lansing and the Capitol.

As required by Proposal 1 of 2022, the legislature finalized its plan creating financial disclosure requirements for certain elected officials and candidates in Michigan.

Key Points:

    • Requires a candidate to file a financial disclosure report before they can be seated.
    • Requires disclosure if an elected official’s spouse is connected to a vendor of the state.
    • A candidate or elected official must include in the report every source of income, assets, and significant liabilities, among other items.
    • The requirement applies to the governor, lieutenant governor, secretary of state, attorney general, and House and Senate members, in addition to candidates for those offices.

Next Steps:

    • The bills will be sent to Governor Whitmer for consideration.

Michigan Legislative Consultants is a bipartisan lobbying firm based in Lansing, Michigan. Our team of lobbyists and procurement specialists provide a wide range of services for some of the most respected companies in America. For more on MLC, visit www.mlcmi.com or connect with us on LinkedIn and Twitter.

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