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Personal Financial Disclosure

Introduction

Proposal 2022-1, the constitutional amendment adopted by voters in the November 2022 election, incorporated personal financial disclosure requirements into Article IV, Section 10 of the Michigan Constitution of 1963.

Under the Constitution’s new requirements, the Governor, Lieutenant Governor, Secretary of State, Attorney General, and each member of the Legislature must submit an annual financial disclosure report that specifies assets, liabilities, sources of earned income, and other personal financial information.

The amendment also required that the Legislature enact implementing legislation, which was signed into law on December 7, 2023. Public Acts 267 and 281 through 284 create the Public Officers Financial Disclosure Act and the Candidate for Office Financial Disclosure Act, which, collectively:

  • codify the Constitutional Requirements
  • empower the Secretary of State to implement and enforce the provisions
  • require candidates for Governor, Lieutenant Governor, Secretary of State, Attorney General, and each member of the Legislature to also report.
  • allow for fines for noncompliance and create additional requirements for officials, candidates, and the Bureau of Elections

Public Act 267, among other election law changes, requires a candidate for Governor, Lieutenant Governor, Secretary of State, Attorney General, State Senator or State Representative to file the financial disclosure report required by the Candidate for Office Financial Disclosure Act before they can take office.

Personal financial disclosure filing information

Report due dates

Existing elected officials in Michigan are required to submit their first reports by April 15, 2024, and subsequent reports by May 15 of each year.

Important notice

The Bureau of Elections is tasked with creating an electronic reporting system, manuals, forms, and instructions, which will be found at this site when completed.

Please bookmark this page and check back on or before March 14 for more information.

Information

  • Public officers

    • Governor
    • Lieutenant Governor
    • Secretary of State
    • Attorney General
    • State Senators
    • State Representatives

    Candidates

    • Candidate for Governor
    • Candidate for Lieutenant Governor
    • Candidate for Secretary of State
    • Candidate for Attorney General
    • Candidate for State Senator
    • Candidate for State Representative

    Spouses of officers and candidates for office:

    • A limited amount of financial information of spouses of officials and candidates must also be reported.
  • For currently serving public officers (and spouses):

    • The first report is due April 15, 2024.
    • Subsequent reports are due May 15, 2025, and May 15 of each following year.

    Candidates (and spouses):

    • The first report is due May 15, 2024, and subsequent reports May 15 of each following year.
  • Pursuant to Public Act 281 and 282, reports are to be filed electronically and displayed on the internet. The Bureau of Elections is developing an interim reporting system, which will be available by March 15, 2024. A more sophisticated system will be developed for 2025 and beyond.

  • The Bureau of Elections is developing instructions for filers, which will be made available on or before March 14, 2024.

    The implementing legislation is available on the Michigan Legislature’s website.