SB 2829: RELATING TO THE POWERS OF ARTIFICIAL PERSONS.

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Prohibits any state-chartered corporation, limited liability company, limited partnership, limited liability partnership, cooperative, nonprofit, or other association from making expenditures or contributions in connection with elections or ballot measures. Deems any election or ballot measure expenditure or contribution to be ultra vires or void as a matter of law, triggering administrative forfeiture of charter privileges, including limited liability and perpetual duration, until reinstatement. Effective 1/1/2027. (SD1)

Sponsors

Sponsors by party (alphabetical): Democratic 1

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. February 20, 2026Reported from CPN (Stand. Com. Rep. No. 2650) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDC.
2. February 20, 2026Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDC.
3. February 10, 2026The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 3 Aye(s): Senator(s) Keohokalole, Fukunaga, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Lamosao, McKelvey.
4. February 4, 2026The committee(s) on CPN deferred the measure until 02-10-26 9:30AM; Conference Room 229 & Videoconference.
5. February 3, 2026The committee(s) on CPN deferred the measure until 02-04-26 9:30AM; CR 229 & Videoconference.
6. January 30, 2026Referred to CPN, JDC.
7. January 30, 2026The committee(s) on CPN has scheduled a public hearing on 02-03-26 9:31AM; Conference Room 229 & Videoconference.
8. January 26, 2026Passed First Reading.
9. January 23, 2026Introduced.