HB 3382

Abstract

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.