Enacts the "corporate political activity accountability to shareholders act"; requires that corporate contributions to a political candidate or party.
Enacts the "corporate political activity accountability to shareholders act"; requires that corporate contributions to a political candidate or party committee or in support or opposition to a candidate or ballot referendum be approved by a majority of shareholders; applies to cooperative corporations, not-for-profit corporations, railroad and transportation corporations. Requires corporations to annually disclose contributions and independent expenditures to shareholders and file an accounting with the secretary of state. The attorney general may enforce the provisions of this section.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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