
NEWS: Legislation Seeks Corporate Shareholder Approval for Spending to Influence Political Campaigns in Alaska
Juneau – Today, Representative Andy Josephson (D-Anchorage) formally introduced legislation requiring corporations in Alaska to get an affirmative vote from a majority of shareholders before spending corporate money on political campaigns or issues. Rep. Josephson confirms that House Bill 343 is in direct response to the 2010 Citizens United decision by the U.S. Supreme Court allowing corporations to spend unlimited amounts of money on elections to support or defeat candidates or issues.