HI SB220

Requires corporations to obtain approval from a majority of shareholders before making any campaign contribution to candidates, candidate committees, or noncandidate committees.

Prohibits corporations from making campaign contributions if a majority of shares are owned by persons barred from making contributions under Hawaii law or restricted from taking political positions due to state or county investments.

Mandates corporations provide written notice or post contribution information on their website within 48 hours of making a contribution.

Allows voting shareholders who opposed a contribution to request prorated reimbursement of the amount their corporation contributed.

Defines "corporation" as any business entity incorporated or granted a certificate of authority under state law.