Public benefit corporation bill heads to Senate

For Immediate Release

February 14, 2017

Public benefit corporation bill heads to Senate

FRANKFORT—The Kentucky House has voted 78-17 for a bill that would allow public benefit corporations to do business in the Commonwealth.

Should House Bill 35 become law, Kentucky would become one of more than 31 states that allow for the creation of public benefit corporations– companies that make investments in a public benefit, or public good, part of their corporate philosophy while maximizing profits, said HB 35 sponsor Rep. Jerry Miller, R-Louisville.

Miller said “value investments” made by public benefit corporations totaled around $4 billion in 2012 alone.

“This is something that Kentucky needs,” Miller said. “Public benefits that currently have to be provided by government can be met by public benefit corporations that are interested in creating long term value and in serving the public.”

There are now Kentucky companies that have an interest in becoming public benefit corporations, he told the House, including software company MobileServe in Louisville, Victory Hemp in Campbellsburg and others. The bill may even bring companies back to Kentucky that are now in other states, he said. Rubicon Global, a full-service Atlanta-based waste and recycling company founded by Kentuckian Nate Morris, could be one of those companies, Miller explained.

Morris “has recently become very active in the Gatton School at the University of Kentucky, and I hope that if we pass this legislation, companies like Rubicon Global and others will bring their business here,” said Miller. 

Concerns about the bill were raised by Rep. Jim Gooch, R-Providence, who asked Miller how it is determined that a corporation’s values are a public benefit. Miller said those values are laid out in the company’s bylaws and articles of incorporation and can cover a variety of goals.

Gooch said he still doesn’t understand the necessity for the legislation. “We’re setting up a totally different type of corporation here, maybe even before we determine what the public benefit is.”

HB 35 now goes to the Senate for its consideration. 

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2014 Idaho Law is a Blueprint to Nullify any New Federal Gun Control

While many gun owners and gun rights activists across the country are waiting fretfully in anticipation of President Obama’s eventual decision to issue executive orders for more gun control, his proposals would be practically worthless if more states enacted laws like Idaho did last year.

In 2014, Idaho Gov. Butch Otter signed legislation into law that effectively blocks in practice any new federal gun control measures by prohibiting state enforcement of any future federal act relating to personal firearms, a firearm accessories or ammunition.

This law blocks in practice future federal gun control because the federal government lacks the resources to enforce its laws alone. It depends on state assistance, assistance it will no longer get from Idaho. Judge Andrew Napolitano suggested that a single state standing down would make new federal gun laws “nearly impossible to enforce” within that state.

The Idaho Federal Firearm, Magazine and Register Ban Enforcement Act, seeks to “protect Idaho law enforcement officers from being directed, through federal executive orders, agency orders, statutes, laws, rules, or regulations enacted or promulgated on or after the effective date of this act, to violate their oath of office and Idaho citizens’ rights under Section 11, Article I, of the Constitution of the State of Idaho.”

The legislation continues:

“any official, agent or employee of the state of Idaho or a political subdivision thereof who knowingly and willfully orders an official, agent or employee of the state of Idaho or a political subdivision of the state to enforce any executive order, agency order, law, rule or regulation of the United States government as provided in subsection (2) of this section upon a personal firearm, a firearm accessory or ammunition shall, on a first violation, be liable for a civil penalty not to exceed one thousand dollars ($1,000) which shall be paid into the general fund of the state”

Kansas and Tennessee have also passed legislation that sets the foundation to do just what Idaho did in 2014.

As James Madison argued in Federalist 46, a single state can impede federal actions, but many states acting together can create obstructions the feds simply cannot overcome.

All other states should join Idaho and take that first step in stopping any new gun control program before it ever gets off the ground.

http://blog.tenthamendmentcenter.com/2015/10/did-you-know-2014-idaho-law-is-a-blueprint-to-nullify-any-new-federal-gun-control/

Kentucky Action Alert: Help Nullify Federal Gun Control, Support HB35

Kentucky HB35 seeks to “invalidate and nullify all federal laws and regulations restricting ownership or possession of firearms.” It has yet to be assigned to a committee at the present time.

PLEASE TAKE THE FOLLOWING ACTIONS to support this bill.

1. Contact your State Representative. Strongly, but respectfully urge them to cosponsor and support HB35. A phone call has 10x the impact of an email, so make sure to take a few minutes to call.

Contact info here: http://openstates.org/find_your_legislator/

2. Call your State Senator. Strongly, but respectfully urge them to introduce legislation similar to HB35.

Contact info here: http://openstates.org/find_your_legislator/

3. Call Back – any NO or UNDECIDED – in 3-4 days. Make sure to follow-up. If they say YES, be sure to thank them and, if possible, announce their committed YES vote to email and social media contacts. If they say no, politely ask them why. Get the information from them and contact us.

4. Spread the Word. Share this information widely by facebook, twitter, email and other social networks.

5. Report Back. Tell us how your actions went. Click the button below

CONTINUE…

http://blog.tenthamendmentcenter.com/2015/10/kentucky-action-alert-help-nullify-federal-gun-control-support-hb35/