AN ACT TO LIMIT POLITICAL CONTRIBUTIONS BY CORPORATIONS TO $1,000.00 PER CALENDAR YEAR; TO PROVIDE THAT ANY CONTRIBUTION OVER $1,000.00 PER CALENDAR YEAR SHALL BE RETURNED TO THE DONOR, OR IF RETURNING THE EXCESS AMOUNT IS NOT POSSIBLE, THEN THE EXCESS SHALL BE DEPOSITED INTO THE ELECTION SUPPORT FUND; TO PROHIBIT A CANDIDATE, CANDIDATE COMMITTEE OR POLITICAL COMMITTEE FROM EXPENDING A CORPORATE DONATION FOR THE PORTION THAT EXCEEDS $1,000.00; TO REPEAL SECTIONS 97-13-15 AND 97-13-17, MISSISSIPPI CODE OF 1972, WHICH PROHIBITED POLITICAL CONTRIBUTIONS BY CORPORATIONS AND PENALIZED ILLEGAL CORPORATE CONTRIBUTIONS; TO AMEND SECTION 79-29-105, MISSISSIPPI CODE OF 1972, TO CONFORM; AND FOR RELATED PURPOSES.

Statutes affected:
As Passed by the Senate: 79-29-105