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A05642 Summary:

BILL NOA05642A
 
SAME ASSAME AS S02364-A
 
SPONSORRozic (MS)
 
COSPNSRAbinanti, Colton, Galef, Jaffee, Lifton, 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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