AZ SB1390

Prohibits public service corporations regulated by the Corporation Commission and public power entities from making contributions to political action committees or tax-exempt organizations that influence Corporation Commission elections.

Prohibits public service corporations, their parent companies, subsidiaries, and public power entities from spending ratepayer monies on memberships, dues, charitable contributions, advertising, litigation regarding regulations, and other specified expenses.

Caps individual compensation at the Governor's annual salary for public service corporation employees, board members, and officers, with certain expenses (travel, entertainment, aircraft) explicitly nonrecoverable from ratepayers.

Prohibits public service corporations and public power entities from using ratepayer monies to lobby the legislature.

Requires lobbying reports to include disclosure of the source of monies used for legislative lobbying activities.