4 Pa. Code § 174.1 - Business entity
(a) A rational
and appropriate distinction may be made between enterprises operated for profit
and those for nonprofit. The word "business" connotes being operated for
profit. The purpose of Act 201 is to require disclosure of political
contributions which could have been made with the object of obtaining
financially remunerative nonbid contracts from government bodies. Nonprofit
organizations would not normally benefit from these contracts, and are hereby
deemed to fall outside the scope of the legislative intent.
(b) Only those business entities doing
business in this Commonwealth are required to report on the current version of
Form DSEB-504, as described in §
177.9 (relating to official forms).
Parent companies of subsidiaries doing business in this Commonwealth but which
do not do business here themselves shall also be excluded, even when a director
of the parent corporation also serves on the board of directors of the
subsidiary. In that case, that director's knowledge is relevant only as it
pertains to contributions of other directors of the subsidiary.
(c) With the exemption of the business
official authorized under the Business Corporation Law or analogous laws to
sign the report on behalf of the business entity, there is no duty of any other
business official to inquire as to the making of any political contributions by
other business officials or employes.
Notes
This section cited in 4 Pa. Code § 177.9 (relating to official forms).
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