Oregon House Bill 3160 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on June 30 2019 - 100% progression
Action: 2019-06-30 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Requires publicly traded corporation that makes political expenditure of more than $100 in calendar year to first obtain approval for political expenditure from shareholders by affirmative vote of majority of shares entitled to vote. Requires corporation to disclose amount, recipient and purpose of each political expenditure in excess of $100 in each calendar year. Requires directors of publicly traded corporation to disclose statement of economic interest that provides certain information with respect to director's or officer's interest in recipient of political expenditure or in candidate or expected change in policy for which publicly traded corporation made political expenditure. Becomes operative on January 1, 2020. Takes effect on 91st day following adjournment sine die.

Relating to political expenditures by publicly traded corporations; prescribing an effective date.

Rep. Paul Evans [D]

Date	Chamber	Action
2019-06-30	House	In committee upon adjournment.
2019-03-06	House	Referred to Rules.
2019-02-28	House	First reading. Referred to Speaker's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2019R1/Measures/Overview/HB3160
Text	https://olis.oregonlegislature.gov/liz/2019R1/Downloads/MeasureDocument/HB3160/Introduced