State finance: other; fraud, waste, abuse, misappropriation, or misuse of state funds; allow certain individuals to submit reports of to the auditor general, and create procedures to provide for the recovery of. Amends title of 2003 PA 1 (MCL 13.101) & adds sec. 3.

This bill allows journalists and independent news reporters to submit reports directly to the Michigan Auditor General regarding suspected fraud, waste, abuse, or misuse of state funds. It establishes a process where the Auditor General reviews these reports within six months, deciding whether to investigate, disregard them, or refer them to the Attorney General or other relevant agencies for action. If the investigation leads to the recovery of state money, the reporter who provided the information is eligible to receive a reward of at least 15% of the recovered funds, though this amount can be adjusted based on the source of the information and the reporter's role in the misconduct. The legislation also defines specific terms like fraud and waste to clarify what types of financial misconduct are covered under the new reporting system.