A bill to amend 1972 PA 284, entitled “Business corporation act,” by amending sections 261, 271, 821, 1012, and 1041 (MCL 450.1261, 450.1271, 450.1821, 450.2012, and 450.2041), section 261 as amended by 2006 PA 68, section 821 as amended by 1989 PA 121, section 1012 as amended by 1993 PA 91, and section 1041 as amended by 2012 PA 569, and by adding section 261a.
Senate Bills 1085, 1086 and 1087 amend Michigan's Business Corporation Act to prohibit corporations from making political contributions or expenditures, with violations subject to dissolution or loss of business authority, thereby aiming to reduce corporate influence in state politics.
Co-sponsored by Sens.
Referred to the Committee on Elections and Ethics
