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House Co-Sponsorship Memoranda
House of Representatives
Session of 2015 - 2016
Regular Session
MEMORANDUM
| Posted: | June 8, 2015 03:42 PM |
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| From: | Representative Ted Harhai |
| To: | All House members |
| Subject: | Co-sponsorship Memo: Campaign Finance Reform |
| In the near future, I plan to introduce a bill that will bring campaign finance reform to Pennsylvania. As you know, the Citizens United v. FEC Supreme Court decision has sparked a great deal of legitimate concern over the influence of “big money” in politics and campaigns as the voices of voters are routinely drowned out by special interest money. The first part of my bill amends Title 15 (Corporations and Unincorporated Associations) by mandating Pennsylvania corporations to include in its bylaws adequate procedures for assessing the will of the majority of the stockholders of the corporation regarding contributions to campaign finance entities and independent expenditures for any federal, State, or local election that the corporation proposes to make. My bill would prohibit a corporation from making a campaign contribution or independent expenditure if a majority of the stockholders are unable, by law, contract, or corporate bylaws, or any other reason, to participate in a vote regarding a proposed campaign contribution or independent expenditure. The second part of my bill amends Title 25 (Elections) by limiting the amount of money an individual can contribute to a candidate or candidate committee. Pennsylvania is one of only twelve states that does not impose campaign contribution limits to candidates and/or candidate committees. It is our duty to ensure campaign finance laws limit the influence of wealthy special interests, and I hope that you join me in this fight by cosponsoring these important bills. |
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| View Attachment | ||
Introduced as HB1404
Memo Updated: June 8, 2015 03:43 PM