Bill > SF3199

This bill proposes to prohibit foreign-influenced corporations from making political expenditures, contributions, or public endorsements related to candidates, ballot questions, or public issues. It also requires corporations making such authorized activities to certify their compliance with the foreign-influence restrictions. The bill amends existing laws to define "foreign-influenced corporation" and establish penalties for violations, including civil fines and potential criminal prosecution. The provisions would take effect on July 1, 2020 and apply to activities occurring on or after that date.