SECTION 1 (TITLE):
This act shall be known as the Get Corporate Money Out of Politics Act.
SECTION 2 (PURPOSE):
To end corporate political contributions to candidates for state or local office.
SECTION 3 (PROVISIONS):
(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.