An act relating to removing the power of Vermont corporations to spend money on election activities

This bill removes Vermont corporations, LLCs, partnerships, and other business entities' ability to spend money on election-related activities or ballot initiatives. It defines "election activity" and "ballot-issue activity" more clearly and revokes any prior legal authority allowing these entities to fund such efforts. The law specifically prohibits corporations from paying, contributing, or expending money for political campaigns or ballot measures, while preserving their core business powers. This applies uniformly across all entity types and aims to align corporate powers with the General Assembly's intent that political spending wasn't granted when entities were formed.