SB 21-177

  • Colorado Senate Bill
  • 2021 Regular Session
  • Introduced in Senate Mar 08, 2021
  • Senate
  • House
  • Governor

Restrict Foreign-influenced Money In Politics

Abstract

The bill prohibits a foreign-influenced corporation from making an electioneering communication or a regular biennial school electioneering communication. The bill also expands the group of persons and entities currently prohibited from expending money on an independent expenditure in connection with an election in the state to include a foreign-influenced corporation. An independent expenditure committee is prohibited from knowingly accepting a donation from any foreign-influenced corporation. The bill prohibits an independent expenditure committee from knowingly accepting a contribution, donation, or transfer from a covered organization if all or part of the contribution, donation, or transfer includes money received by the independent expenditure committee from a foreign-influenced corporation. The bill prohibits any person from using funds from a foreign-influenced corporation to make either an electioneering communication or a regular biennial school electioneering communication. A for-profit corporation that is authorized to make a contribution or donation is required to affirm in writing under penalty of perjury that it is not a foreign-influenced corporation before it makes any permissible contributions or donations. The bill prohibits any person from accepting a permissible contribution or donation from a nonprofit corporation unless the written affirmation is provided before the contribution or donation is received by the recipient. The recipient of the contribution or donation is required to retain the written affirmation for not less than one year following the date of the end of the election cycle during which the contribution or donation is received. An affirmation statement is not required if the for-profit corporation has previously provided a statement to the recipient in the 3-month period prior to the date on which it makes the permissible contribution or donation. The bill defines the terms "foreign-influenced corporation", "foreign owner", and "widely held diversified fund". (Note: This summary applies to this bill as introduced.)

Bill Sponsors (2)

Votes


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Actions


Apr 09, 2021

Senate

Senate Second Reading Laid Over to 8/9/2021 - No Amendments

Apr 07, 2021

Senate

Senate Second Reading Laid Over Daily - No Amendments

Apr 05, 2021

Senate

Senate Second Reading Laid Over to 04/07/2021 - No Amendments

Mar 31, 2021

Senate

Senate Second Reading Laid Over to 04/05/2021 - No Amendments

Mar 29, 2021

Senate

Senate Second Reading Laid Over Daily - No Amendments

Mar 25, 2021

Senate

Senate Second Reading Laid Over to 03/29/2021 - No Amendments

Mar 24, 2021

Senate

Senate Second Reading Laid Over Daily - No Amendments

Mar 23, 2021

Senate

Senate Second Reading Laid Over Daily - No Amendments

Mar 22, 2021

Senate

Senate Second Reading Laid Over Daily - No Amendments

Mar 18, 2021

Senate

Senate Committee on State, Veterans, & Military Affairs Refer Amended to Senate Committee of the Whole

  • Committee-Passage
  • Referral-Committee
Senate Committee of the Whole State, Veterans, & Military Affairs

Mar 08, 2021

Senate

Introduced In Senate - Assigned to State, Veterans, & Military Affairs

  • Introduction
State, Veterans, & Military Affairs

Bill Text

Bill Text Versions Format
Introduced (03/08/2021) PDF
PA1 (03/19/2021) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note FN1 (03/17/2021) PDF

Sources

Data on Open States is updated nightly from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.