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AZ SB1068

Bill

Status

Introduced

1/12/2016

Primary Sponsor

Martin Quezada

Click for details

Origin

Senate

Fifty-second Legislature - Second Regular Session (2016)

AI Summary

  • Amends Arizona law to define "conducting affairs" and "transacting business" to include expenditure of monies for the purpose of influencing the outcome of an election in this state for foreign corporations, nonprofits, and limited liability companies.

  • Requires foreign corporations to obtain authority from the Arizona Corporation Commission before spending money to influence elections in the state, with violations subject to fees, penalties up to $1,000, and prohibition from maintaining legal proceedings.

  • Extends the same election spending registration requirements to foreign limited liability companies, preventing them from influencing elections in Arizona without obtaining a certificate of registration.

  • Adds new section 29-800 to define "transacting business" in the context of foreign LLCs to explicitly include election-related expenditures.

  • Authorizes the Attorney General to bring enforcement actions to enjoin foreign entities from conducting election-related spending without proper authorization.

Legislative Description

Foreign nonprofit corporations; foreign LLCs.

Last Action

Referred to Senate FI Committee

1/13/2016

Full Bill Text

No bill text available