2021 Regular Session HB 3382

• Bill Title: Relating to communications to members of the Legislative Assembly on behalf of publicly traded corporations; declaring an emergency.

Catchline/Summary

Prohibits director, officer, employee or agent of publicly traded corporation from communicating with member of Legislative Assembly with intent to influence matter before Legislative Assembly and while purporting to communicate for or on behalf of publicly traded corporation unless director, officer, employee or agent has express written authorization from board of directors or majority of shareholders of publicly traded corporation. Specifies exception.

Authorizes Secretary of State to impose civil penalty of up to $1,000 against publicly traded corporation for each violation of Act by director, officer, employee or agent of publicly traded corporation.

Declares emergency, effective on passage.

• Fiscal Impact: May Have Fiscal Impact, But No Statement Yet Issued
• Revenue Impact: May Have Revenue Impact, But No Statement Yet Issued
• Current Location: In House Committee
• Current Committee: House Committee On Rules