AN ACT RELATING TO CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS -- RHODE ISLAND CORPORATE POWER RESET ACT

Summary

The Rhode Island Corporate Power Reset Act would cancel all existing powers granted to corporations, partnerships, trusts and similar entities, except those needed for lawful business, charitable or cooperative activities. It makes political spending by those entities illegal, voids any such actions, and threatens loss of charter privileges unless the entity disgorges the money and complies with state procedures. The measure aims to keep money from corporate “dark‑money” influence in elections while leaving natural persons’ rights untouched.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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