Bill > SB1384

This bill prohibits public service corporations regulated by the corporation commission and public power entities, which include agricultural improvement districts and power districts, from spending ratepayer money on various activities. Specifically, these entities are barred from contributing to political action committees that support or oppose candidates, or to certain non-profit organizations (registered under sections 501(c)(3) or 501(c)(4) of the internal revenue code) that try to influence Corporation Commission elections. Furthermore, they cannot use ratepayer funds for memberships, dues, sponsorships, or contributions to any tax-exempt entity, including businesses and trade associations, nor for charitable giving, advertising, or any employee compensation that supports political influence or advertising. The bill also restricts spending on litigation concerning regulations or legislation, costs for unregulated products or services, penalties or fines, extravagant expenses for directors and officers like travel and aircraft use, investor relations, compensation exceeding the governor's salary for any individual, and costs associated with participating in contested proceedings before the commission. Additionally, these entities are prohibited from using ratepayer money to lobby the legislature, and any entity lobbying must report the source of its funds.

Agriculture and Natural Resources

https://apps.azleg.gov/BillStatus/BillOverview/84937