Bipartisan group aims to change MI term limits and increase financial transparency

(WXYZ) — A new group is coming together for a new ballot initiative to change Michigan’s term limit laws and increase financial transparency.

The bipartisan committee, known as Voters for Transparency and Term Limits, is chaired by former Michigan Chamber of Commerce CEO Rich Studly, a Republican, and Mark Gaffney, a board member of the State of Wayne, a Democrat.

Under the proposal, term limits in Michigan would be reduced to 12 years in the legislature, but give them the option to serve all 12 in a single house.

Currently, Michigan lawmakers are limited to 14 years in the legislature; three terms in the House of Representatives – up to six years – and two terms in the Michigan Senate – up to eight years.

The proposal will also require lawmakers to submit financial statements to disclose where they have financial ties that could impact judgment on the legislation.

“Michigan and Idaho are the only two states that do not require state lawmakers to disclose their finances and today’s ballot initiative would address that,” Studley said in a statement. In addition to requiring financial disclosure, the proposal would update term limits for the first time in 30 years. “I supported term limits 30 years ago and I still believe in term limits today. But after 30 years on the books, we need to update the law and create something that works for all of us. .

“Michigan should lead the way in financial transparency and disclosure, not sit at the bottom of the list,” Gaffney said. added in a version. “It is time to change our constitution and come up with common sense requirements that will best serve Michigan. We call for financial disclosure, updating term limits, and finally slowing down the revolving door of legislators to develop leaders who are committed to working for the people.

Other state leaders have supported the cause, including former House Speaker Jase Bolger, Detroit Mayor Mike Duggan and many others.

The group plans to submit the proposal to the Board of State Solicitors for consideration on March 23. If approved, they will then need to collect signatures. If they collect around 425,000 signatures by July 11, it will likely be in the November ballot.

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