HB0885

Find a 2015 Bill:

2015 Regular Session

 

Entitled:

Corporations - Political Expenditures - Stockholder Approval

Sponsored by:

Delegate Platt

Status:

In the House - Hearing 3/11 at 1:00 p.m.


Synopsis:Prohibiting a corporation from using any money or other property of the corporation in connection with a political expenditure unless the stockholders, by a majority vote, have authorized in advance the amount of money or property to be used and directed that the money or property be used for specified purposes; requiring specified notices and reporting about political expenditures; authorizing the Attorney General to bring a civil action to obtain specified remedies for a violation of the Act; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Platt, Barron, Carr, Clippinger, Cullison, Ebersole, Fraser-Hidalgo, Gutierrez, Hixson, Jalisi, Korman, Lam, Luedtke, McCray, A. Miller, Moon, Morales, Patterson, S. Robinson, Smith, Tarlau, Waldstreicher, A. Washington, and M. Washington
Additional Facts:Cross-filed with: SB0153
Bill File Type: Regular
Effective Date(s): October 1, 2015
Committee(s):
Ways and Means  View Committee Hearing
Broad Subject(s):Corporations and Associations
Narrow Subject(s):Attorney General
Campaign Financing
Civil Actions -see also- Small Claims
Corporations -see also- Municipal Corps; Public Corps & Inst
Disclosure
Ethics
Gifts
Notices
Public Information
Reports
Restitution
Securities
Voting -see also- Ballots; Elections
Statutes:Article - Corporations and Associations
(1-407)

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October 24, 2017 4:44 P.M.