December 21, 2023 •
San Jose City Council Passes Foreign Influence Ban
San Jose City Council voted to pass a memorandum to bar multinational corporations from spending money to influence elections.
Corporations would be prohibited from spending money in elections if they are foreign-influenced.
This would be defined as 1 percent or more ownership by a single foreign investor or five percent or more ownership by multiple foreign investors.
The passage of this memorandum will go to a final reading at a city council meeting in January where it is expected to pass unanimously.
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