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AZ HB2533
Bill
Status
2/5/2015
Primary Sponsor
Ken Clark
Click for details
AI Summary
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Requires public service corporations to register and notify filing officers within one day of making contributions that meet specified thresholds: $5,000 or more in statewide races, $2,500 or more in legislative races, or $1,000 or more in local races.
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Mandates that public service corporations file a notarized sworn statement within five days confirming the person authorizing the contribution had proper authority, with filings marked as unverified or delinquent if not timely submitted.
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Establishes civil penalties of up to three times the total contribution amount for corporations failing to register or notify as required, enforceable by the attorney general, county attorney, or city/town attorney.
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Imposes criminal liability for knowing false filings relating to contributions, classified as a class 1 misdemeanor, following a reasonable cause determination by the filing officer.
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Amends existing campaign finance law to exempt public service corporation contributions made under the new registration and reporting requirements from the general prohibition on corporate political contributions.
Legislative Description
Campaign finance; public service corporations
Last Action
Referred to House ELECT Committee
2/9/2015