Establishes "Stop Corporate Money in Politics Act"; restricts business entities from making political contributions or expenditures.
The "Stop Corporate Money in Politics Act" restricts the right of certain business entities to make contributions and expenditures for political purposes. It defines a "business entity" to include corporations, nonprofit corporations, credit unions, partnerships, limited liability companies, and any organization operating in the state. The act prohibits these entities from making contributions or expenditures for or to any candidate or committee, or to influence the nomination, election, or defeat of any candidate, or the passage or defeat of any public question.
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