Plain English Breakdown
The bill status shows it passed the Legislature, but the effective date is listed as empty in the metadata.
Ban on Campaign Contributions from Investor-Owned Utilities
AB-884 stops investor-owned utilities from giving money to candidates for state office and bans those candidates from accepting such contributions.
What This Bill Does
- Prohibits investor-owned utilities from making campaign contributions to candidates for elective state office.
- Prohibits candidates for elective state office from accepting contributions from investor-owned utilities.
- States that breaking this rule is a violation of the Political Reform Act of 1974, which is punishable as a misdemeanor.
- Declares that no reimbursement is required by the state to local agencies or school districts for costs created by this law.
Who It Names or Affects
- Investor-owned utilities
- Candidates running for elective state office
Limits and Unknowns
- The official text does not specify the exact date this law will take effect.
- The source states no reimbursement is required 'for a specified reason' but does not explain what that specific reason is.