Skip to content
NFIB Logo Join Now

SMALL BUSINESS SUPPORTS PROPOSAL REQUIRING FINANCIAL TRANSPARENCY FOR ELECTED OFFICIALS AND TERM LIMIT REFORMS

SMALL BUSINESS SUPPORTS PROPOSAL REQUIRING FINANCIAL TRANSPARENCY FOR ELECTED OFFICIALS AND TERM LIMIT REFORMS

May 6, 2022

SMALL BUSINESS SUPPORTS PROPOSAL REQUIRING FINANCIAL TRANSPARENCY FOR ELECTED OFFICIALS AND TERM LIMIT REFORMS

FOR IMMEDIATE RELEASE (LANSING) – The state’s leading small business organization, the National Federation of Independent Business (NFIB), today announced its support for the constitutional ballot proposal put forth by Voters for Transparency and Term Limits. “NFIB members have supported term limits since the very beginning. In fact, NFIB was the only business organization that supported the original proposal, and our members have resisted any changes ever since,” said Amanda Fisher, NFIB Michigan State Director. Fisher explained that NFIB sets its policy positions by balloting its members. “For the first time in decades, NFIB’s small business owners have indicated support for an adjustment to term limits in Michigan,” continued Fisher. “When given the background and arguments for and against the proposal, more than 70 percent indicated their support.” “The financial transparency piece of the proposal was key in swaying our members,” said Fisher. “Financial transparency and accountability for elected officials is crucial for small business owners to be able to trust those who are elected to represent them.” “This proposal cuts, not expands, the total number of years a legislator can serve, which keeps with the spirit of the original term limits proposal while adding much needed financial transparency. We would encourage lawmakers to hold hearings on the issue and consider placing the proposal directly on the November 2022 ballot,” concluded Fisher.

###

For more than 75 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is nonprofit, nonpartisan, and member-driven. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses, and remains so today. For more information, please visit nfib.com.
Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

Group of people posing in a guitar showroom with rows of acoustic guitars on wooden walls behind them, including a visible Martin & Co sign.
Related
July 13, 2026
State Senator Huizenga Joins NFIB’s Grand Rapids Roundtable
Small business owners met with Sen. Huizenga to discuss current legislation.
Read More
Related
July 10, 2026
NFIB: John Deere Settlement Paves the Way for Right to Repair for Michigan Small Businesses
NFIB urges lawmakers to advance legislation that would ensure equal access to diagnostic tools for independent auto repair shops.
Read More
Michigan State Capitol Building
Related
July 10, 2026
Michigan Legislature Passes State Budget Months Before the Start of a New Fiscal Year
For the second consecutive year, lawmakers pass reduction in state budget.
Read More
Buildings in Manhattan New York
Related
July 9, 2026
New Report on New York’s Small Business Economy Released
“[S]ignificantly few New York owners reported their small businesses as being in excellent or good health compared to the U.S.”
Read More

© 2001 - 2026 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility