Public employees and officers: ethics; reporting requirements and definition of gift; modify and provide standard report form. Amends secs. 3, 5, 7, 11, 13 & 15 of 2023 PA 281 (MCL 15.703 et seq.) & adds sec. 6.

Added Section 6 creating a standardized financial disclosure form with specific fields for spousal information, employment, assets, liabilities, lobbyist interactions, and state contracts.

Added new reporting requirements for lobbyist interactions including gifts, travel payments, and charity payments in lieu of honoraria.

Modified asset reporting threshold from $1,000 to $200 for unearned income sources in Section 7(g).

Modified inflation adjustment requirement for asset values to occur every 4 years using Detroit Consumer Price Index, rounded up to nearest $1,000.

Added new requirement for public officers to disclose beneficial interests in blind trusts without listing specific trust assets.

Modified Section 8 to clarify reporting requirements for future employment agreements within 10 days of entering into the agreement.

Added new Section 13(1)(d) requiring the Secretary of State to publish the financial disclosure form and create instructions and manuals.

Modified definition of 'Gift' to include items required to be reported by lobbyists or lobbyist agents under Michigan campaign finance law.

Modified definition of 'Spouse' to reference 26 CFR 301.7701-18 (changed from 26 CFR 30.7701-18 in original).

Added specific deadline of June 13, 2025 for filing the 2024 reporting period financial disclosure report.

Removed Section 6, which previously contained a detailed template for the financial disclosure form with specific questions about spousal information, assets, liabilities, and lobbyist interactions.

Modified Section 7 to remove detailed requirements for disclosing the value of real property and streamlined the reporting of agreements, gifts, travel payments, and charity payments related to lobbyist interactions.

Removed the requirement for the department to make the form available on its website by March 15, 2024, and May 31, 2025, replacing it with a general requirement to make the most current version available.

Updated Section 13 to remove the requirement for the secretary of state to publish the financial disclosure form and create instructions, as these are now handled by the department.

Updated the definition of 'Form' to remove the reference to the deleted Section 6, now stating the form is created by the department in accordance with Section 11.

Corrected the definition of 'Gift' to properly reference Section 4 of the Michigan campaign finance act and updated the MCL citation from 169.207 to 169.207.1978 PA 472, MCL 4.414.

Corrected the citation in the definition of 'Spouse' from 26 CFR 301.7701-18 to 26 CFR 30.7701-18.

Removed the specific deadline for filing the 2024-2025 reporting period (June 13, 2025) and the requirement to file the first report by April 15, 2024.

Changed the deadline for the department to create the financial disclosure form from '30 days after the effective date' to 'Not later than 30 days after the effective date, February 13, 2024'.

Added new definitions for 'earned income' (salaries, wages, tips, bonuses, commissions) and 'unearned income' (financial prizes, unemployment benefits, annuities, stock dividends, pensions, profit sharing, retirement income), excluding inheritance and familial gifts.

Expanded the financial disclosure form to include new sections on organizational roles, assets, liabilities, employment agreements, lobbyist interactions, and state contracts, requiring more comprehensive reporting of financial interests and potential conflicts.

Adjusted reporting thresholds and requirements, including adding a requirement to report unearned income over $200 and expanding disclosure of real property, securities, and other assets with values over $1,000.

Modified filing deadlines, including specific dates for the 2024 reporting period and adjusted the timeline for when the department must make forms available online.

Corrected formatting errors, renumbered sections (e.g., section 6 became section 7, section 8 became section 8, section 11 became section 11), and fixed capitalization and spacing issues throughout the document.