Bill > A110

This bill prohibits corporations and labor organizations from making campaign contributions and engaging in certain political communications. Specifically, it bans corporations and labor organizations from contributing money or anything of value to candidates, political committees, or political parties. It also defines "political communication" as broadcasts referring to a clearly identified candidate within a specific timeframe before an election, with exceptions for news stories, candidate debates, and other communications exempted by the Election Law Enforcement Commission. The bill also amends existing laws to remove corporations and labor organizations from the list of entities whose contribution limits are adjusted annually by the commission and to broaden the definition of "entity" to include corporations and labor organizations in existing prohibitions against certain business entities contributing to political campaigns. Furthermore, it clarifies that the prohibition on contributions applies to various types of committees and political parties, and it establishes penalties for violations, including potential forfeiture of public office if the violation is significant and impacts an election's outcome.