LANSING, Mich. (Michigan News Source) — Michigan voters could weigh in on ranked choice voting, a millionaire tax, and minimum wage policy next fall—if campaigners gather enough signatures.

The Board of State Canvassers approved petition summaries on June 27 for three proposed 2026 ballot initiatives: one to bring ranked choice voting to state and federal races, one to impose a new 5% income tax on individuals making over $500,000 to boost school funding, and another aimed at reversing state-imposed limits on raising tipped wages.

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With the board’s sign-off, backers of the constitutional amendments—Rank MI Vote and Invest in MI Kids—can now begin collecting the 446,198 voter signatures required to land on the 2026 ballot, according to The Detroit News. A third group, Voters to Stop Pay Cuts, needs 223,099 valid signatures to suspend the Legislature’s wage law and send the issue to voters as a referendum.

Opponents, however, raised concerns over clarity and fairness in the ballot summaries. Jim Holcomb, president of the Michigan Chamber of Commerce, criticized the wording of the millionaire tax summary as misleading. 

“Unfortunately, this summary falls short and risks misleading voters about what’s really at stake: rewriting Michigan’s tax code to more than double the income tax rate for many job creators,” he told The Detroit News.

Supporters, meanwhile, signaled confidence in voter interest. “Our volunteers are ready to get out in the streets and start collecting signatures,” Pat Zabawa, a board member with Rank MI Vote, said.

The vote followed more than seven hours of board debate over petition language.