Businesses: other; power of entities to spend in elections or ballot issues; revoke. Amends the state constitution by adding sec. 55 to art. IV.

This bill proposes adding a new section to the Michigan state constitution to ban corporations and limited liability companies from spending money to support or oppose candidates, political parties, or ballot measures. It specifically targets both businesses formed within Michigan and those operating in the state from outside, while allowing exceptions for existing financial contracts and independent news organizations. If a business violates this rule, the state attorney general can sue to invalidate the spending, force the company to return the funds, or dissolve the domestic entity and revoke the foreign entity's right to do business in Michigan.