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 Senate Bills 1361 to 1368, and subject to fines of up to $1,000 each for any violations of state regulations on these. These bills were 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
