Sec 16-920. Permitted expenditures by corporations and labor organizations; federal law; definitions

A. Expenditures for the following purposes are not political contributions prohibited by law:

1. Communications by a corporation to its stockholders and executive or administrative personnel and their families, or by a labor organization to its members and their families, on any subject.

2. Nonpartisan registration and get-out-the-vote campaigns by a corporation aimed at its stockholders and executive or administrative personnel and their families or by a labor organization aimed at its members and their families.

3. The establishment, administration and solicitation of voluntary contributions to a separate segregated fund to be used for political purposes by a corporation, labor organization, membership organization, trade association, cooperative or corporation without capital stock.

4. The establishment, administration and solicitation of voluntary contributions from employees of a corporation or limited liability company, including contributions made by payroll deduction, deposit or transfer or other similar method, and that are made directly to a separate segregated fund that is used for political purposes by a trade association of which the employing corporation or limited liability company is a member. Contributions received under this subsection shall be reported pursuant to section 16-915, subsection A, paragraph 2, subdivision (a) or subsection E.

5. Contributions for use to support or oppose an initiative or referendum measure or amendment to the constitution.

6. Independent expenditures and contributions to independent expenditure committees made pursuant to section 16-914.02.

B. A membership organization, trade association, cooperative or corporation without capital stock may engage in the activities permitted in subsection A, paragraphs 1 and 2 of this section if such activities are directed primarily toward its members, stockholders or members of its members, its and its members' executive or administrative personnel and their families.

C. A person may rely on the federal election commission's rules, policy statements, interpretive rules and other guidance adopted as of January 1, 2013 in interpreting and applying 2 United States Code section 441b(B)(2) in interpreting subsection A, paragraphs 1 through 4 of this section.

D. For the purposes of this section:

1. "Executive or administrative personnel" has the same meaning prescribed in section 16-921.

2. "Labor organization" has the same meaning prescribed in section 16-919.