Ban Corporate PACs Act This bill prohibits for-profit corporations from establishing a separate segregated political fund. Existing funds must terminate and disburse their entire balance not later than one year after the enactment of this bill.
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Timeline
Introduced in House
Referred to the House Committee on House Administration.
Introduced in House
Referred to the House Committee on House Administration.
Government Operations and Politics
Corporate finance and managementElections, voting, political campaign regulationPublic contracts and procurement
Ban Corporate PACs Act
USA116th CongressHR-5129| House
| Updated: 11/15/2019
Ban Corporate PACs Act This bill prohibits for-profit corporations from establishing a separate segregated political fund. Existing funds must terminate and disburse their entire balance not later than one year after the enactment of this bill.