2007 Regular Session

HOUSE BILL 816

File Code: Elections Prior Year Introduction As: HB 585/06 - W&M Crossfiled with: SENATE BILL 227
Sponsored By:
Delegates Bobo, Barve, Benson, Bronrott, Heller, Hubbard, Hucker, Kaiser, and Murphy
Entitled:
Campaign Finance - Affiliated Business Entities - Attributions 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; defining the term "business entity" to include a corporation, a general or limited partnership, a limited liability company, or a real estate investment trust.

History by Legislative and Calendar Date

House Action
2/9
First Reading Ways and Means
2/14
Hearing 3/20 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Elizabeth Bobo, District 12B
Delegate Kumar P. Barve, District 17
Delegate Joanne C. Benson, District 24
Delegate William A. Bronrott, District 16
Delegate Henry B. Heller, District 19
Delegate James W. Hubbard, District 23A
Delegate Tom Hucker, District 20
Delegate Anne R. Kaiser, District 14
Delegate Peter Murphy, District 28

Bill indexed under the following Subjects:

Campaign Financing
Corporations -see also- Municipal Corps; Public Corps & Inst
Gifts
Limited Liability Companies
Partnerships
Real Estate Investment Trusts

Bill affects the following Statute:

Election Law
( 13-226 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered