MA S118

Bill

Protecting the interests of shareholders

Introduced
01/23/2017

In Committee
07/24/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to protect the interests of shareholders. Consumer Protection and Professional Licensure.

AI Summary

This bill amends Chapter 93A of the General Laws to require any business entity carrying on trade in Massachusetts that issues stock to disclose, within 30 days of a written request by a Massachusetts-based shareholder, the amount, nature, timing, and purpose of any money or other property used by the corporation in connection with an independent expenditure, contribution, gift, transfer, disbursement, or promise of money or a thing of value to promote or assist in the promotion of the success or defeat of a candidate, political party, or ballot question in any local, statewide, or federal election in Massachusetts. Violations of this new requirement are considered deceptive acts or practices under Section 2 of Chapter 93A, allowing affected individuals or business entities, as well as the Attorney General, to seek the attendant remedies.

Committee Categories

Budget and Finance, Labor and Employment

Sponsors (3)

Jamie Eldridge (D), Jason Lewis (D), Denise Provost (D),

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 07/24/2017)

Official Document

https://malegislature.gov/Bills/190/S118

(17 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/S118
Bill	https://malegislature.gov/Bills/190/S118.pdf

Bill	Bill Name	Last Action	Type
H1090	To establish commonsense permitting reforms for businesses and landowners	No further action taken	Similar To
H137	Allowing businesses to sign up for the "Do Not Call" list	No further action taken	Similar To
H1573	Relative to the property tax classification of small businesses	Accompanied a study order, see H4244	Similar To
H184	Prohibiting intentional misrepresentation by a business of its location	No further action taken	Similar To
H1860	To clarify penalties for violations occurring while driving with a hardship license	Read second and ordered to a third reading	Similar To
H215	Establishing a tax increment financing plan for new businesses	Accompanied a study order, see H4584	Similar To
H24	Relative to civil violations	Accompanied a new draft, see H4350	Similar To
H557	Reducing the costs for small business	Accompanied a study order, see H4778	Similar To
S1593	Establishing a tax credit for small businesses	Accompanied a study order, see S2497	Similar To
S1597	Excluding small businesses from personal property tax	Accompanied a study order, see S2497	Similar To
S184	Relative to creating low profit limited liability companies	Accompanied a study order, see S2486	Similar To
S1895	To foster artist businesses in Cultural Districts	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S199	To study the feasibility of streamlining business registration	Accompanied a study order, see S2486	Similar To
S485	Relative to the removal and disposal of waste oil	Accompanied a study order, see S2489	Similar To
S772	Relative to the establishing of criminal penalties, under Public Corruption Laws, for violating the oaths of office as prescribed by the Massachusetts Constitution and M.G.L. c. 221 § 38	Accompanied a study order, see S2313	Similar To
S803	Relative to probation violations	Accompanied a study order, see S2313	Similar To
S88	Relative to encouraging the growth of small businesses	Accompanied a study order, see S2588	Similar To

Bill

Bill Name

Last Action

Type

H1090

To establish commonsense permitting reforms for businesses and landowners

No further action taken

Similar To

H137

Allowing businesses to sign up for the "Do Not Call" list

No further action taken

Similar To

H1573

Relative to the property tax classification of small businesses

Accompanied a study order, see H4244

Similar To

H184

Prohibiting intentional misrepresentation by a business of its location

No further action taken

Similar To

H1860

To clarify penalties for violations occurring while driving with a hardship license

Read second and ordered to a third reading

Similar To

H215

Establishing a tax increment financing plan for new businesses

Accompanied a study order, see H4584

Similar To

H24

Relative to civil violations

Accompanied a new draft, see H4350

Similar To

H557

Reducing the costs for small business

Accompanied a study order, see H4778

Similar To

S1593

Establishing a tax credit for small businesses

Accompanied a study order, see S2497

Similar To

S1597

Excluding small businesses from personal property tax

Accompanied a study order, see S2497

Similar To

S184

Relative to creating low profit limited liability companies

Accompanied a study order, see S2486

Similar To

S1895

To foster artist businesses in Cultural Districts

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S199

To study the feasibility of streamlining business registration

Accompanied a study order, see S2486

Similar To

S485

Relative to the removal and disposal of waste oil

Accompanied a study order, see S2489

Similar To

S772

Relative to the establishing of criminal penalties, under Public Corruption Laws, for violating the oaths of office as prescribed by the Massachusetts Constitution and M.G.L. c. 221 § 38

Accompanied a study order, see S2313

Similar To

S803

Relative to probation violations

Accompanied a study order, see S2313

Similar To

S88

Relative to encouraging the growth of small businesses

Accompanied a study order, see S2588

Similar To

Bill > S118

MA S118

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (3)

Last Action

Official Document

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bill summary

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