SB604,,156 11.1112 Corporations, cooperatives, and tribes. No foreign or domestic corporation, no association organized under ch. 185 or 193, no labor organization, and no federally recognized American Indian Tribe may make a contribution to a committee, other than an independent expenditure committee or referendum committee, but may make a contribution to a segregated fund as provided under s. 11.1104 (6) in amounts not to exceed $12,000 in the aggregate in a calendar year.

SB604,13 Section 13. 11.1113 (3) (b) of the statutes, as affected by 2021 Wisconsin Act 265, is amended to read:

SB604,,158 11.1113 (3) (b) A contribution made to a candidate committee, political party, or legislative campaign committee by a single-member limited liability company in which the sole member is an individual is considered a contribution made by that individual and subject to the individual limits under s. 11.1101 (1). A limited liability company that makes a contribution under this paragraph shall affirm to the candidate committee, political party, or legislative campaign committee that it is a single-member limited liability company in which the sole member is an individual and eligible to make the contribution.

SB604,14 Section 14. 11.1204 (4) of the statutes is created to read:

SB604,,160 11.1204 (4) No person may make contributions to a political party or legislative campaign committee except as provided under s. 11.1101 (1) to (5).

SB604,15 Section 15. Initial applicability.

SB604,,162 (1) This act first applies to contributions made on January 1, 2024.

SB604,,163 (end)