Legislation

Title: Corporations - Political Expenditures - Stockholder Approval
Sponsored by: Senators Raskin, Feldman, Guzzone, Kagan, Kelley, King, Klausmeier, Lee, Madaleno, Manno, Montgomery, Nathan-Pulliam, Pinsky, and Rosapepe
Status: In the Senate - Hearing 2/19 at 1:00 p.m.
Analysis: Fiscal and Policy Note

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.

Committees

Original:: Education, Health, and Environmental Affairs Click to view Recorded Media

Details

Cross-filed with: HB0885

Bill File Type: Regular

Effective Date(s): October 1, 2015

History

Legislation History
Chamber Senate Calendar Date 1/28/2015 Legislative Date 1/29/2015 Action First Reading Education, Health, and Environmental Affairs Proceedings
Chamber Senate Calendar Date 2/04/2015 Legislative Date 2/04/2015 Action Hearing 2/19 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/28/2015	1/29/2015	First Reading Education, Health, and Environmental Affairs
Senate	2/04/2015	2/04/2015	Hearing 2/19 at 1:00 p.m.

Documents

Date Posted	Document Name
1/29/2015	Text - First - Corporations - Political Expenditures - Stockholder Approval

File Code

Subjects

Statutes