Sec. 46.
(1) At the beginning of every odd numbered year, the secretary of state shall recommend adjustments to and which shall be approved by the legislature of the dollar value floor for reporting of the name, address, occupation, and employer, or principal place of business of persons who make contributions pursuant to this act, on the basis of the consumer price index and the number of registered voters in the state.
(2) Beginning January 1, 2019 and every 4 years thereafter, the secretary of state shall adjust the dollar value contribution limits provided in sections 52, 52a, and 69(1). The secretary of state shall adjust the limits in sections 52, 52a, and 69(1) by comparing the percentage increase or decrease in the consumer price index for the preceding August by the corresponding consumer price index 4 years earlier. The secretary of state shall multiply that percentage change by the amounts in sections 52, 52a, and 69(1). The secretary of state shall round up each dollar value adjustment made under this subsection to the nearest $25.00. The secretary of state shall announce the adjustments made under this subsection by December 15 of each year.
(3) As used in this section, "consumer price index" means the most comprehensive index of consumer prices available for the Detroit area from the bureau of labor statistics of the United States department of labor.
History: 1976, Act 388, Eff. June 1, 1977 ;-- Am. 2013, Act 252, Imd. Eff. Dec. 27, 2013
Structure Michigan Compiled Laws
Chapter 169 - Campaign Financing and Advertising
Act 388 of 1976 - Michigan Campaign Finance Act (169.201 - 169.282)
Section 169.201 - Short Title; Meanings of Words and Phrases.
Section 169.202 - Definitions; A, B.
Section 169.203 - Definitions; C.
Section 169.204 - "Contribution" Defined.
Section 169.205 - Definitions; D, E.
Section 169.206 - "Expenditure" Defined.
Section 169.207 - Definitions; F to H.
Section 169.208 - Definitions; H, I.
Section 169.209 - Definitions; I to L.
Section 169.210 - Definitions; M to N.
Section 169.211 - Definitions; P.
Section 169.212 - Definitions; Q to S.
Section 169.218 - Electronic Filing and Internet Disclosure System.
Section 169.218a - Electronic Filing and Internet Disclosure System; Adoption by County Clerk.
Section 169.224c - Defeat of Independent Nature of Independent Expenditure; Punishment; Exception.
Section 169.225 - Campaign Statement; Filing; Period Covered.
Section 169.225a - Repealed. 1999, Act 237, Eff. Mar. 10, 2000.
Section 169.230 - Contributions Prohibited Under MCL 432.207b.
Section 169.231 - Contributions or Expenditures Controlled by Another Person; Bundled Contribution.
Section 169.233a - Information to Be Included With Contribution.
Section 169.237 - Campaign Statement; Signing; Verification.
Section 169.238 - Campaign Statement; Period Covered.
Section 169.243 - Expenditure by Agent or Independent Contractor; Requirements; Violation; Penalty.
Section 169.249 - Repealed. 1999, Act 224, Eff. Mar. 10, 2000.
Section 169.253 - Contribution or Expenditure by Dependent Minor.
Section 169.256 - Ordinance or Resolution.
Section 169.264 - Payments to Candidates in Primary Election; Requirements; Return of Funds.
Section 169.265 - Nominees Entitled to Receive Funds.
Section 169.268 - Debt Limitation; Violation; Penalty; Prohibitions.
Section 169.270 - Reporting Contribution or Expenditure Controlled or Directed by Another Person.
Section 169.271 - Prohibited Contributions; Violation; Penalty.
Section 169.281 - Repeal of MCL 168.901 to 168.929; Effective Date.