HOUSE 2692117th CongressReferred to the House Committee on House Administration.
Ban Corporate PACs Act
- Last Action
- 4/20/2021
Actions
- 2021-04-20Referred to the House Committee on House Administration.
- 2021-04-20Introduced in House
- 2021-04-20Introduced in House
CRS Summary
As of 2021-04-20 (00)
Ban Corporate PACs Act
This bill prohibits for-profit corporations from establishing or operating a separate segregated political fund (commonly known as a political action committee or PAC). Existing funds must terminate not later than one year after the date of enactment of this bill.
Cosponsors (4)
- Jared Golden (D-ME)
- Mike Levin (D-CA)
- Chris Pappas (D-NH)
- Elissa Slotkin (D-MI)
Subjects
- Corporate finance and management
- Elections, voting, political campaign regulation
- Public contracts and procurement
- Tax-exempt organizations
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.