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A01418 Summary:

BILL NOA01418
 
SAME ASSAME AS S00640
 
SPONSORRozic (MS)
 
COSPNSRColton, Lupardo, Peoples-Stokes, Rosenthal L
 
MLTSPNSRGlick, Simon, Thiele
 
Add §§631, 1321, 1517 & 1534, BC L; add §78, Coop Corps L; add §522, N-PC L; add §35, Rail L; add §8, Transp Corps L; add §5017, Bank L; add §510, Lim Lil L
 
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.
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