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HOUSE 988118th CongressReferred to the House Committee on the Judiciary.

Shell Company Abuse Act

Last Action
2/14/2023

Actions

  • 2023-02-14Referred to the House Committee on the Judiciary.
  • 2023-02-14Introduced in House
  • 2023-02-14Introduced in House

CRS Summary

As of 2023-02-14 (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 (1)

  • Jason Crow (D-CO)

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.