SB 2982: CSC; CAMPAIGN FINANCE; FOREIGN ENTITIES; FOREIGN-INFLUENCED BUSINESS ENTITIES; EXEMPTION; CARGO CARRIERS
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-03-24
Current Status:
In Progress
(2026-03-25: Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Matsumoto, Perruso excused (2).)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Prohibits foreign nationals, foreign corporations, and foreign-influenced business entities from making contributions, expenditures, electioneering communications, or donations for election purposes. Requires every for-profit business entity that contributes or expends funds in a state election to certify that the entity was not a foreign corporation or foreign-influenced business entity when the contribution or expenditure was made. Specifies that if the conditions that determine whether a business entity qualifies as a foreign‑influenced business entity are held unconstitutional by a final judgment, including all appeals, the Campaign Spending Commission is required to establish revised conditions that are constitutional. Requires noncandidate committees making only independent expenditures to obtain a statement of certification from each top contributor required to be listed in an advertisement avowing that no funds were derived from foreign nationals, foreign corporations, or foreign-influenced business entities. Exempts entities engaged in transporting cargo and subject to section 27 of the Merchant Marine Act of 1920. Effective 7/1/3000. (HD1)
Discussed in Hearing
9MINHouse Standing Committee on Judiciary & Hawaiian Affairs
42SECSenate Standing Committee on Judiciary
2MINSenate Standing Committee on Water, Land, Culture and the Arts
1MIN