Hawaii Senate Bill 220 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 23 2015 - 25% progression, died in chamber
Action: 2015-02-11 - The committee on CPN deferred the measure.
Text: Latest bill text (Introduced) [HTML]

Requires a corporation to have the approval from the majority of shareholders to make a contribution to any candidate, candidate committee, or noncandidate committee. Prohibits a corporation from making a contribution if the majority of its shares are owned by persons who are prohibited from makings contributions under state law or taking political positions due to investments with the State or county. Requires corporations to provide notice within forty-eight hours of the contribution. Permits voting shareholders who did not approve of the contribution to request a prorated reimbursement of the contribution made by the corporation.

Campaign Finance; Corporations; Shareholder Approval

Sen. Gil Keith-agaran [D]

Sen. Les Ihara [D]

Sen. Maile Shimabukuro [D]

Date	Chamber	Action
2015-02-11	Senate	The committee on CPN deferred the measure.
2015-02-03	Senate	The committee(s) on CPN has scheduled a public hearing on 02-11-15 9:30AM in conference room 229.
2015-01-23	Senate	Referred to CPN, JDL.
2015-01-23	Senate	Passed First Reading.
2015-01-23	Senate	Introduced.

Type	Source
Summary	http://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=220&year=2015
Text	http://www.capitol.hawaii.gov/session2015/bills/SB220_.HTM