A bill to amend 1982 PA 162, entitled “Nonprofit corporation act,” by amending sections 261, 271, 821, 1012, and 1041 (MCL 450.2261, 450.2271, 450.2821, 450.3012, and 450.3041), sections 261, 821, and 1012 as amended by 2014 PA 557 and section 1041 as amended by 2014 PA 559, 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
