Get Corporate Money Out of Politics
Corporations are not allowed to contribute to candidates at the federal level, but, shockingly, most states allow such contributions. When profit-seeking corporate interests become large and influential campaign donors at the state and local level, it drowns out the voices of regular people in the political process and makes it less likely that those in office will enact laws in the best interest of most Americans. It’s not surprising therefore that Americans oppose corporate dollars in politics. In fact, a majority believe corporations are using their influence to buy elections and corrupt the government. By ending corporate contributions at the state level, the Get Corporate Money Out of Politics Act gets states in line with federal rules and most people’s expectations: that corporations cannot open their wallets on the path to the statehouse door....
Good government groups
Campaign finance reform groups
Corporations that make political contributions
This act shall be known as the Get Corporate Money Out of Politics Act
To end corporate political contributions to candidates for state or local office.
(a) No business or professional corporation, partnership, or limited liability company incorporated or operating under the laws of this or any other state or any foreign country and not operating or registered as a political committee, and no officer or agent acting on behalf of any such entity, may make a contribution to a candidate for nomination, election, or appointment to a political office.
(b) A candidate may not accept a contribution or an offer or agreement to make a contribution that is prohibited under section (a).
(c) Penalties shall be enforced for violation of this chapter as under STATE campaign finance laws.