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HB 1885

Strengthening campaign finance disclosure by prohibiting campaign contributions and expenditures by foreign-influenced corporations.

2023-2024 Regular Session Introduced by Emily Alvarado and 24 co-sponsors

Overview: HB 1885, titled "Strengthening campaign finance disclosure by prohibiting campaign contributions and expenditures by foreign-influenced corporations", had a public hearin

Public hearing in the House Committee on State Government & Tribal Relations at 1:30 PM.
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Bill Summary · HB 1885

Overview: HB 1885, titled "Strengthening campaign finance disclosure by prohibiting campaign contributions and expenditures by foreign-influenced corporations", had a public hearing in the House Committee on State Government & Tribal Relations on January 16, 2025.

Purpose and Intent: The main goal of this bill is to limit the influence of foreign money in state elections by prohibiting campaign contributions and expenditures by corporations with significant foreign ownership or control.

Key Provisions:
- Prohibits corporations from making campaign contributions or independent expenditures if foreign nationals own 5% or more of the company, or if foreign nationals hold seats on the board of directors or have other forms of foreign control.
- Requires corporations to disclose their foreign ownership and control when making political contributions or expenditures.
- Imposes civil and criminal penalties for violations.

Affected Parties and Impacts: This bill would primarily impact corporations, political action committees, and other groups that make political contributions in the state. It aims to reduce the potential for foreign influence in state elections.

Procedural and Timeline Considerations: HB 1885 is currently in the House Committee on State Government & Tribal Relations, where it had a public hearing. It will need to pass through committee and floor votes in both the House and Senate before potentially being signed into law by the governor.

Compiled from official sources — confirm details with the bill’s official record.

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