An Act to limit political spending by foreign-influenced corporations
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill aims to restrict the amount of money that corporations with foreign influence can spend on political campaigns in Massachusetts. It seeks to increase transparency and prevent foreign entities from unduly influencing elections. The legislation focuses on corporations that have significant foreign ownership or control. The bill was referred to the committee on Election Laws and subsequently reported.
Key provisions
- Limits political contributions from corporations with foreign ownership.
- Requires disclosure of foreign influence in corporate ownership.
- Defines ‘foreign influence’ for the purpose of this legislation.
- Establishes a process for reviewing and potentially denying contributions from affected corporations.
- Creates a reporting requirement for corporations meeting the definition of ‘foreign-influenced’.
Who is affected
- Corporations with foreign ownership or control.
- Political campaign committees in Massachusetts.
- Donors of political contributions.
- Elections in Massachusetts.
Notable changes
- Addresses concerns about foreign interference in elections.
- Increases transparency regarding corporate political spending.
- Potentially restricts the ability of foreign entities to influence election outcomes.
Bill text
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Sponsors
Official sponsors from legislative records.
5 on record
Primary sponsor
Cosponsors
James B. Eldridge
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