Introduced
To prohibit independent expenditures advocating the election or defeat of a candidate by a corporation with any state or local government contracts, tax breaks, subsidies, “incentives,” etc.; utility or insurance companies; or companies that received any federal "Troubled Asset Relief Program" (TARP) “bailout” money. The bill is part of a package comprised of House Bills 6182 to 6187, introduced after the U.S. Supreme Court’s Citizens United v Federal Election Commission ruling that overturned a law restricting independent expenditures not just by for-profit businesses, but also by unions and non-profit groups motivated by ideological or political concerns.
Referred to the Committee on Elections and Ethics
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that does not ban "independent expenditure" political speech by insurance companies or utilities.
The substitute passed by voice vote
Passed in the House 66 to 40 (details)
To prohibit independent expenditures advocating the election or defeat of a candidate by a corporation with any state or local government contracts, tax breaks, subsidies, “incentives,” etc.; or companies that received any federal "Troubled Asset Relief Program" (TARP) “bailout” money. The bill is part of a package comprised of House Bills 6182 to 6187, introduced after the U.S. Supreme Court’s Citizens United v Federal Election Commission ruling that overturned a law restricting independent expenditures not just by for-profit businesses, but also by unions and non-profit groups motivated by ideological or political concerns.
Referred to the Committee on Campaign and Election Oversight
