Ballot initiative seeks to ban political contributions from monopoly corporations, like utilities
A ballot initiative is in the works to ban corporations with large existing or pending government contracts from making political contributions to candidates for office and sitting lawmakers.
Taking Back Our Power, a coalition backing the initiative, announced Monday its plans to get language approved for signature collection. The aim is to get the proposal before voters on the 2026 general election ballot.
Michigan law currently allows powerful monopolies and large government contractors, like DTE Energy, Consumers Energy and insurance giant Blue Cross Blue Shield of Michigan, to gain political influence via campaign and political action committee contributions, which can often evade public transparency and accountability, the group said Monday.
That’s where Michiganders for Money Out of Politics aims to make a difference. The ballot committee backed by Taking Back Our Power says it seeks to restore Michigan’s democratic systems by putting people over corporate profits.
https://michiganadvance.com/2025/06/30/ballot-initiative-seeks-to-ban-political-contributions-from-monopoly-corporations-like-utilities/