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CALIFORNIA CORPORATE & SECURITIES LAW

Senator Seeks 24-Hour Advance Notice Of Corporate Political Contributions/Assemblymember Asks For Constitutional Convention

Yesterday, Broc Romanek noted the continuing interest in mandating disclosure of political spending by corporations.   See Battle Lines Being Drawn: Political Spending Disclosures.   We are also seeing activity here in California. Last week, Senator Noreen Evans introduced SB 121 to require any corporation that has shareholders located in California and that makes a contribution or expenditure…

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Bill Proposes Another Reason Not To Incorporate In California

In January, I wrote about Senator Noreen Evans’ introduction of a bill, SB 982, to require corporations to issue a report on planned political spending as well as expenditures for the previous fiscal year.  Now, Assembly members Jared Huffman and Michael Allen have introduced a bill, AB 2050, that provides: No domestic corporation may, directly or…

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California Corporate Contribution Initiative Cleared For Circulation

Opponents of the Supreme Court’s decision in Citizens United v. Federal Election Commission, 130 S. Ct. 876, 558 US 50, 175 L. Ed. 2d 753 (2010) are fighting back in California on numerous fronts.  Last month, California State Senator Noreen Evans introduced a bill, SB 982, to require corporations to issue a report on planned political…

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Bill Seeks To Mandate Corporate Political Disclosures

The fallout from the U.S. Supreme Court’s decision in Citizens United v. Federal Election Com’n, 130 S. Ct. 876 (2010) continues.  Earlier this week, California State Senator Noreen Evans introduced a bill, SB 982, to require corporations to issue a report on planned political spending as well as expenditures for the previous fiscal year.  The…

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