Political contributions; prohibited from foreign-influenced corporations, required reports. (HB1648)

Introduced By

Del. Tim Anderson (R-Virginia Beach) with support from co-patrons Del. Mike Cherry (R-Colonial Heights), Del. Nadarius Clark (D-Portsmouth), and Del. Dave LaRock (R-Loudoun)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Prohibited contributions from foreign-influenced corporations; required reports. Prohibits foreign-influenced corporations, as defined in the bill, from making independent expenditures or making contributions to a candidate, campaign committee, political committee, or political party committee. The bill provides that any such corporation violating the prohibition is subject to a fine of not more than $50,000 and that any officer, director, or agent of any such corporation involved in such violation is subject to a fine of not more than $10,000, imprisonment for not more than one year, or both. The bill also requires that any corporation, as defined in the bill, that makes an independent expenditure or makes a contribution to a candidate, campaign committee, political committee, or political party committee must certify with the Department of Elections that, after due inquiry, the corporation was not a foreign-influenced corporation on the date such expenditure or contribution was made. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/08/2023Committee
01/08/2023Prefiled and ordered printed; offered 01/11/23 23100110D
01/08/2023Referred to Committee on Privileges and Elections
01/12/2023Assigned P & E sub: Subcommittee #2
01/30/2023Impact statement from DPB (HB1648)
02/01/2023Subcommittee recommends passing by indefinitely (8-Y 0-N)
02/07/2023Left in Privileges and Elections