summary
Introduced
01/22/2019
01/22/2019
In Committee
05/21/2019
05/21/2019
Crossed Over
04/01/2019
04/01/2019
Passed
06/18/2019
06/18/2019
Dead
Vetoed
09/19/2019
09/19/2019
Introduced Session
2019 Regular Session
Bill Summary
Relative to political contributions made by limited liability companies.
AI Summary
This bill amends existing laws to require that political contributions made by a limited liability company (LLC) be allocated to the individual members of the LLC. The bill specifies that for a single-member LLC, the entire contribution will be attributed to the member, while for a multi-member LLC, the contribution will be allocated based on each member's percentage ownership. The bill also requires LLCs to provide the recipient of the contribution with the names, addresses, and contribution amounts for all members. The changes are intended to ensure compliance with the existing contribution limits set forth in the law.
Committee Categories
Government Affairs
Sponsors (4)
Last Action
Notwithstanding the Governor's Veto, Shall SB 156 Become Law: Regular Calendar 14Y-10N, Veto Sustained, lacking the necessary two-thirds vote; 09/19/2019; Senate Journal 22 (on 09/19/2019)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...