Stop Corporate Capture Act

Stop Corporate Capture Act

This bill modifies the process for federal agency rulemaking.

Specifically, it (1) requires interested parties who submit a study or research as part of a comment to a proposed rule to disclose the source of the funding for the study or research, (2) limits the use of the negotiated rulemaking process to government agencies, (3) provides statutory authority for the judicial principle that requires courts to defer to an agency's reasonable or permissible interpretation of a federal law when the law is silent or ambiguous (i.e., the Chevron doctrine), and (4) establishes an Office of the Public Advocate to support public participation in the rulemaking process.

Bill 117 HR 6107, also known as the Stop Corporate Capture Act, is a piece of legislation introduced in the US Congress aimed at addressing the issue of corporate influence in government decision-making. The bill seeks to increase transparency and accountability in the relationship between corporations and government officials.

One of the key provisions of the Stop Corporate Capture Act is the establishment of a Corporate Influence Registry, which would require corporations to disclose any financial contributions or gifts given to government officials. This registry would be publicly accessible, allowing citizens to see which corporations are attempting to influence government decisions.

Additionally, the bill includes measures to limit the revolving door between government and corporate positions. It would impose restrictions on government officials leaving their positions to work for corporations that they had previously regulated, in order to prevent conflicts of interest. Furthermore, the Stop Corporate Capture Act aims to strengthen enforcement mechanisms to ensure that corporations are held accountable for any attempts to unduly influence government officials. This includes increasing penalties for violations of lobbying and ethics laws. Overall, the Stop Corporate Capture Act is designed to promote transparency, accountability, and integrity in government decision-making processes by reducing the influence of corporations. It is currently being debated in Congress, with supporters arguing that it is necessary to protect the interests of the American people from undue corporate influence.