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2023 SESSION
HB 1648 Political contributions; prohibited from foreign-influenced corporations, required reports.
Introduced by: Timothy Anderson-Resigned 4/3 | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Prohibited contributions from foreign-influenced corporations; required reports. Prohibits foreign-influenced corporations, as defined in the bill, from making independent expenditures or making contributions to a candidate, campaign committee, political committee, or political party committee. The bill provides that any such corporation violating the prohibition is subject to a fine of not more than $50,000 and that any officer, director, or agent of any such corporation involved in such violation is subject to a fine of not more than $10,000, imprisonment for not more than one year, or both. The bill also requires that any corporation, as defined in the bill, that makes an independent expenditure or makes a contribution to a candidate, campaign committee, political committee, or political party committee must certify with the Department of Elections that, after due inquiry, the corporation was not a foreign-influenced corporation on the date such expenditure or contribution was made.
FULL TEXT
HISTORY
- 01/08/23 House: Prefiled and ordered printed; offered 01/11/23 23100110D
- 01/08/23 House: Referred to Committee on Privileges and Elections
- 01/12/23 House: Assigned P & E sub: Subcommittee #2
- 02/01/23 House: Subcommittee recommends passing by indefinitely (8-Y 0-N)
- 02/07/23 House: Left in Privileges and Elections