An act relating to removing the power of Vermont corporations to spend money on election activities

This bill would define "election activity" and "ballot-issue activity" and prohibit corporations, limited liability companies, partnerships, and other similar entities in Vermont from spending money on these activities. The proposed law aims to clarify that such political spending was not an intended power for these organizations and would revoke any existing broad grants of power that could be interpreted to allow it. The Secretary of State would be given authority to create rules about what constitutes "de minimis" use of resources for endorsements.

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