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AL SB155
Bill
AI Summary
- Amends Section 10A-21-1.02 of the Alabama Code to prohibit corporations, incorporated companies, and incorporated associations from contributing to political action committees
- Expands existing prohibition on corporate contributions to political parties and candidates to also include political action committees
- Applies to any corporation incorporated or organized under Alabama law or doing business in Alabama, including servants, agents, employees, and officers acting on behalf of the corporation
- Maintains exception allowing corporations to establish and solicit voluntary contributions to separate, segregated funds for political purposes, provided no corporate funds are used
- Establishes penalties of $100 to $2,000 fine for violations, with amount determined by jury discretion; becomes effective on the first day of the third month following passage and gubernatorial approval
Legislative Description
Corporations prohibited from contributing to a political action committee, Sec. 10A-21-1.02 am'd
Corporations
Last Action
Read for the first time and referred to the Senate committee on Constitution, Campaign Finance, Ethics, and Elections
2/7/2012
Committee Referrals
Constitution, Campaign Finance, Ethics, and Elections2/7/2012
Full Bill Text
No bill text available