BILL NO | A01148 |
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SAME AS | SAME AS S07066
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SPONSOR | Rozic (MS) |
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COSPNSR | Abinanti, Colton, Galef, Jaffee, Lifton, Lupardo, Peoples-Stokes, Rosenthal L, Titone |
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MLTSPNSR | Glick, Simon, Thiele |
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Add §§631, 1321, 1517 & 1534, BC L; add §78, Coop Corps L; add §522, N-PC L; add §35, Rail L; add §7, Transp
Corps L; add §5017, Bank L; add §510, Lim Lil L |
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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. |