Organizers of a ballot initiative to restrict businesses’ influence in politics and elections turned in roughly 562,000 signatures Wednesday to put the proposal before voters in November.
That is nearly 200,000 more than the minimum number of valid signatures needed to qualify.
The initiated law would prohibit DTE Energy, Consumers Energy and other regulated utilities, including affiliated entities, from directly or indirectly donating to state-level elected officials, candidates, political parties and others. I also would ban companies with state or local contracts or subcontracts worth more than $250,000 from contributin — a provision that would cover an estimated 900-plus businesses, including powerful ones such as Blue Cross Blue Shield of Michigan.
Hundreds of thousands of Michiganders “said enough is enough to corporate greed and dark money invading our politics,” said Christy McGillivray, co-chair of Michiganders for Money Out of Politics. “Now, Lansing politicians must get out of the way — they can’t be trusted to fix the political corruptions they benefit from.”