2026 SESSION

INTRODUCED

26102998D

SENATE BILL NO. 502

Offered January 14, 2026

Prefiled January 13, 2026

A BILL to amend the Code of Virginia by adding a section numbered 24.2-947.4:2, relating to campaign finance; prohibited contributions to candidates.

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Patron—Roem

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Referred to Committee on Privileges and Elections

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Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section numbered 24.2-947.4:2 as follows:

§ 24.2-947.4:2. Prohibited contributions to candidates; public utility.

A. For the purposes of this section, "public utility" means any public utility as defined in § 56-232 and includes any subsidiary or parent company of such a public utility.

B. No candidate, campaign committee, or political committee shall solicit or accept a contribution from any public utility, nor shall a public utility or political action committee established by such public utility make any such contribution. This section shall not be construed to prohibit the solicitation or acceptance of contributions from a political action committee established by the employees of a public utility. Such political action committee may be administered by the public utility so long as no general treasury funds of the public utility are used for the purposes of making contributions to any candidate, campaign committee, or political committee.