Introduced
by
To establish that shareholders and officers of a corporation who consent to “independent expenditures” by the corporation which advocate the election or defeat of a candidate be held individually liable for violations of the regulations on this proposed by House Bills 5348 to 5361, and subject to fines of up to $1,000 each for any violations of state regulations on these. The bill is part of a Democratic campaign finance regulation package comprised of House Bills 5348 to 5361, introduced after the U.S. Supreme Court’s Citizens United v Federal Election Commission ruling extended to unions and corporations (including non-profit groups motivated by ideological or political concerns) the same right already recognized for individuals to spend however much they want on independent political expenditures.
Referred to the Committee on Redistricting and Elections
Motion
by
The motion passed by voice vote
Referred to the Committee on Redistricting and Elections
