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.
Business ethicsCorporate finance and managementCriminal procedure and sentencingElections, voting, political campaign regulation
Shell Company Abuse Act
USA116th CongressHR-8347| House
| Updated: 9/22/2020
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.