HOUSE BILL No. 6304


     December 1, 1998, Introduced by Reps. Birkholz, Dobb, Bobier, Kaza, Crissman, London, Bodem, Dalman, Oxender, Brackenridge, Gilmer, Nye, Gire, Profit and McNutt and referred to the Committee on House Oversight and Ethics.


        A bill to amend 1982 PA 162, entitled

   "Nonprofit corporation act,"

   (MCL 450.2101 to 450.3192) by adding section 926.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 1         SEC. 926.  (1) AS USED IN THIS SECTION:

 2         (A) "PERSON HOLDING ELECTIVE OFFICE" MEANS A NATURAL PERSON

 3    HOLDING A PUBLIC OFFICE IN THIS STATE THAT IS FILLED BY AN

 4    ELECTION.

 5         (B) "PUBLIC OFFICE" DOES NOT INCLUDE A FEDERAL OFFICE FILLED

 6    BY AN ELECTION.

 7         (2) IF A PERSON HOLDING ELECTIVE OFFICE IS A DIRECTOR OR

 8    OFFICER OF A CORPORATION THAT IS TAX EXEMPT UNDER SECTION

 9    501(c)(4) OF THE INTERNAL REVENUE CODE OF 1986, OR EXERCISES ANY

10    DISCRETIONARY AUTHORITY OR DISCRETIONARY CONTROL RESPECTING

11    DISBURSEMENTS OF THE CORPORATION, THE CORPORATION SHALL FILE WITH


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 1    THE ADMINISTRATOR A REPORT OF ALL RECEIPTS AND DISBURSEMENTS AT

 2    THE SAME TIME AND IN THE SAME MANNER AS IF THE PERSON HOLDING

 3    ELECTIVE OFFICE WERE SEEKING NOMINATION OR ELECTION AND IF THE

 4    CORPORATION WERE A CANDIDATE COMMITTEE AND THE RECEIPTS AND DIS-

 5    BURSEMENTS OF THE CORPORATION WERE CONTRIBUTIONS AND EXPENDITURES

 6    REQUIRED TO BE REPORTED IN A CAMPAIGN STATEMENT BY A CANDIDATE

 7    COMMITTEE UNDER SECTION 33 OF THE MICHIGAN CAMPAIGN FINANCE ACT,

 8    1976 PA 388, MCL 169.233.

 9         (3) A COPY OF THE REPORT REQUIRED UNDER SUBSECTION (2) SHALL

10    BE FILED WITH THE SECRETARY OF STATE AT THE SAME TIME THE REPORT

11    IS FILED WITH THE ADMINISTRATOR.


































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