SB57 requires domestic and foreign corporations in Hawaii to report their political contributions and independent expenditures to shareholders.

SB57 mandates that all domestic and foreign corporations operating in Hawaii, which make more than $10,000 in independent expenditures and political contributions annually, must provide their shareholders with detailed reports on these activities. This requirement aims to enhance transparency and deter potential corruption by ensuring shareholders are informed about corporate political involvement. The reports must be delivered alongside the corporation's annual report and can include aggregate totals for different types of expenditures and contributions.

SB57 requires domestic and foreign corporations in Hawaii to report their political contributions and independent expenditures to shareholders.

SB57 mandates that all domestic and foreign corporations operating in Hawaii, which make more than $10,000 in independent expenditures and political contributions annually, must provide their shareholders with detailed reports on these activities. This requirement aims to enhance transparency and deter potential corruption by ensuring shareholders are informed about corporate political involvement. The reports must be delivered alongside the corporation's annual report and can include aggregate totals for different types of expenditures and contributions.