SENATE BILL NO. 549


   April 28, 1999, Introduced by Senators SIKKEMA, BULLARD, 
        MC MANUS, NORTH, SCHUETTE, JOHNSON, GAST and EMMONS 
        and referred to the Committee on Government Operations.



        A bill to amend 1976 PA 388, entitled

   "Michigan campaign finance act,"

   by amending section 46 (MCL 169.246).

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 1         Sec. 46.  At the beginning of every odd numbered year
             

 2    BEGINNING JANUARY 1, 2000, the secretary of state shall

 3     recommend adjustments to and which shall be approved by the
             leg-

 4     islature of  ANNUALLY ADJUST the dollar value
                       contribution limits

 5    provided in this act  , together with  AND the
             dollar value floor

 6    for reporting  of  the name, address, occupation,
             and employer

 7     ,  or principal place of business of persons who
             make contribu-

 8    tions pursuant to this  chapter, on the basis of the United

 9     States department of commerce's consumer price index
                        ACT.  THE

10    SECRETARY OF STATE SHALL MAKE THE ADJUSTMENT REQUIRED BY THIS

11    SECTION BY FEBRUARY 1, WHICH ADJUSTMENT IS RETROACTIVE TO JANUARY


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 1    1 OF THAT YEAR.  THE SECRETARY OF STATE SHALL BASE THE ADJUSTMENT

 2    UNDER THIS SECTION UPON THE PERCENTAGE CHANGE IN THE ALL ITEMS

 3    CONSUMER PRICE INDEX FOR ALL URBAN CONSUMERS IN THE MIDWEST

 4    REGION AS MOST RECENTLY REPORTED BY THE UNITED STATES DEPARTMENT

 5    OF LABOR, BUREAU OF LABOR STATISTICS and the number of registered

 6    voters in the state.  THE SECRETARY OF STATE SHALL ROUND EACH

 7    DOLLAR VALUE ADJUSTMENT MADE UNDER THIS SECTION UP TO THE NEAREST

 8    $5.00.  THE SECRETARY OF STATE SHALL PROMPTLY ANNOUNCE THE

 9    ADJUSTMENTS MADE UNDER THIS SECTION IN THE MANNER DETERMINED BY

10    THE SECRETARY OF STATE TO BEST NOTIFY CANDIDATES, COMMITTEES, AND

11    THE GENERAL PUBLIC OF THE ADJUSTMENTS.


































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