BILL NO S00101
SAME AS SAME AS A00696-A
SPONSOR SQUADRON
COSPNSR ADDABBO, KRUEGER, PERKINS, SERRANO
MLTSPNSR
Add SS631, 1321, 1517 & 1534, BC L; add S78, Coop Corps L; add S523, N-PC L;
add S35, Rail L; add S7, Transp Corps L; add S5017, Bank L; add S510, Lim Lil L
Enacts the "corporate political activity accountability to shareholders act";
establishes the corporate political activity accountability to shareholders act
which 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.