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HOUSE 2816119th CongressReferred to the House Committee on the Judiciary.

Shell Company Abuse Act

Last Action
4/10/2025

Actions

  • 2025-04-10Referred to the House Committee on the Judiciary.
  • 2025-04-10Introduced in House
  • 2025-04-10Introduced in House

CRS Summary

As of 2025-04-10 (00)

Shell Company Abuse Act

This bill makes it unlawful to establish or use a corporation, company, or other entity with the intent to conceal an election contribution or donation by a foreign national.

A violator is subject to criminal penalties—a fine, a prison term of up to five years, or both.

Cosponsors (5)

  • Don Bacon (R-NE)
  • Jason Crow (D-CO)
  • Brian Fitzpatrick (R-PA)
  • Josh Gottheimer (D-NJ)
  • Daniel Goldman (D-NY)

Subjects

  • Business ethics
  • Corporate finance and management
  • Criminal procedure and sentencing
  • Elections, voting, political campaign regulation
Read on Congress.gov

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.