March 15, 2010
LANSING -
Attorney
General Mike Cox today announced that he has again posted his personal federal
tax return online and renewed his call for the legislature to take up his
proposed public official personal finance transparency legislation. The bill,
HB 5317, would require state and local officials, candidates for office, and
immediate family members to disclose their personal finances online to help
avoid potential conflicts of interest.
"For Michigan
to attract and keep job creators, we must improve our reputation as a quality
place to do business," said Cox. "By enacting ethics reforms, we will send a
clear message to the world that Michigan is ready to compete on ethics and
economic growth."
In 2009, Cox
posted his three previous years of federal tax returns online at www.michigan.gov/trackyourtaxes.
That website was created when Cox became Michigan's first statewide official to
post detailed information about how the Department of Attorney General spends
tax dollars. Cox has repeatedly called on the legislature to pass legislation
requiring all state government spending to be posed online.
Cox's
disclosure bill, sponsored by Rep. Paul Opsommer of DeWitt, requires elected
state office holders, directors of state departments, local officials earning
$65,000 or more, candidates for those offices and immediate family to give an
annual reporting of gifts and reimbursements from lobbyists
(aggregate value of $250 per year, per lobbyist). The proposal also
requires reporting of personal financial information, including income, assets
and liabilities. Citizens can find more details at
www.michigan.gov/trackyourtaxes.
The Center
for Public Integrity ranks Michigan dead-last for public official financial
disclosure. Other states made ethics reform a priority, like Louisiana, which
recently improved from 44th to 1st place.
Cox was joined at the August 2009 legislative
announcement by Detroit City Councilman Gary Brown, Warren Mayor Jim Fouts and
state legislators.
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