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GovernmentH.R. 4799Not Yet VotedComments

Ban Corporate PACs Act

Official title: To amend the Federal Election Campaign Act of 1971 to limit the authority of corporations to establish and operate separate segregated funds utilized for political purposes, including the establishment or operation of a political committee, to nonprofit corporations, and for other purposes.

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What Happened in Congress?

Pending

Not yet voted on the floor.

Where the Bill Stands

  1. Introduced, done
  2. Committee, current stage
  3. Floor Vote, not yet
  4. Outcome, not yet

What This Bill Does

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.

Sponsors

Related Documents

Timeline

  1. Library of CongressIntroduced in House
  2. House floor actionsReferred to the House Committee on House Administration.
  3. Introduced
  4. Committee

Comments

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