HB 3317: Relating to political expenditures by publicly traded corporations; prescribing an effective date.

Official summary

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

Requires a publicly traded corporation that makes a political expenditure of more than $100 in a calendar year to first obtain approval for the political expenditure from shareholders by an affirmative vote of the majority of shares entitled to vote. Requires a corporation to disclose the amount, recipient and purpose of each political expenditure in excess of $100 in each calendar year. Requires the directors and officers of a publicly traded corporation to disclose a statement of economic interest that provides certain information with respect to the director's or officer's interest in the recipient of the political expenditure or in the candidate or expected change in policy for which the publicly traded corporation made the political expenditure. Becomes operative on January 1, 2026. Takes effect on the 91st day following adjournment sine die.

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. June 28, 2025In committee upon adjournment.
2. January 24, 2025Referred to Rules.
3. January 21, 2025First reading. Referred to Speaker's desk.