May 4, 2006, Introduced by Senators CASSIS, SANBORN, KUIPERS and PATTERSON and referred to the Committee on Government Operations.
A bill to amend 1976 PA 388, entitled
"Michigan campaign finance act,"
(MCL 169.201 to 169.282) by adding section 32a.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 32a. (1) Except as provided in subsection (5), a
candidate committee shall report a contribution within 7 business
days of receiving the contribution. The contribution shall be
reported in the form required by the secretary of state. A report
under this subsection shall contain the information required by
section 26(1)(e), (g), and (h) and (6) for the contribution.
(2) Except as provided in subsection (5), a candidate
committee shall report an expenditure within 10 business days of
making the expenditure. The expenditure shall be reported in the
form required by the secretary of state. A report under this
subsection shall contain the information required by section
26(1)(j) and (3) for the expenditure.
(3) A report under this section may report multiple
contributions or expenditures on the same form, shall contain the
information required by section 26(1)(a), and shall be filed with
the officials designated in section 36 to receive the committee's
campaign statements.
(4) Reporting a contribution or expenditure under this section
does not excuse other reporting of the contribution or expenditure
in a campaign statement or otherwise as required by this act.
(5) A candidate committee that files a written statement under
section 24(5) need not file a report under this section unless it
has received or expended an amount in excess of $1,000.00. If the
committee receives or expends an amount in excess of $1,000.00, the
committee is then subject to this section.
(6) A candidate committee, candidate, treasurer, or other
individual designated as responsible for the committee's record
keeping, report preparation, or report filing who fails to file a
report as required by this section shall pay a late filing fee, not
to exceed $2,000.00, determined as follows:
(a) Twenty-five dollars for each business day the report
remains unfiled.
(b) An additional $25.00 for each business day after the first
3 business days the report remains unfiled.
(c) An additional $50.00 for each business day after the first
10 business days the report remains unfiled.