SENATE BILL 165

File Code: Elections

Sponsored By:

Senators Frosh, Britt, Brochin, Dyson, Grosfeld, and Pinsky

Entitled:

Campaign Finance - Affiliated Business Entities - Attribution of Contributions

Synopsis:

Requiring that campaign finance contributions by two or more business entities be attributed to one business entity if one is a wholly owned subsidiary of another or if the business entities are owned or controlled by at least 80% of the same individuals.

History by Legislative Date

Senate Action

1/23

First Reading Education Health and Environmental Affairs

1/28

Hearing 2/12 at 1:00 p.m.

House Action

No Action

Sponsored by:

Senator Brian E. Frosh, District 16

Senator Gwendolyn Britt, District 47

Senator Jim Brochin, District 42

Senator Roy P. Dyson, District 29

Senator Sharon M. Grosfeld, District 18

Senator Paul G. Pinsky, District 22

Bill indexed under the following Subjects:

CAMPAIGN FINANCING

CORPORATIONS -see also- MUNICIPAL CORPORATIONS

GIFTS

LIMITED LIABILITY COMPANIES

PARTNERSHIPS

REAL ESTATE INVESTMENT TRUSTS

Bill affects the following Statute:

Election Law

( 13-226 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered