LANSING — Michigan is one of two states in the U.S. that does not require financial disclosures from its elected officials. Rep. Julie Calley, Portland-R, announced a plan on Thursday, May 16, to change this.
Calley’s plan, likely to be introduced as a house bill in the near future, would require elected officials and candidates for House and Senate members, the governor, lieutenant governor, attorney general, secretary of state, circuit court judges, court of appeals judges, state board of education members and elected state university board members in Michigan to disclose various sources of income.
Income such as stocks, investments and real estate assets owned, business associations above certain thresholds and any relatives registered as lobbyists would be disclosed. Spouses and dependent children would also be required to disclose their matters under Calley’s plan. (Read more here...)