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 9390, also known as the Stop Corporate Capture Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to prevent large corporations from exerting undue influence over government decision-making processes.

The Stop Corporate Capture Act includes several key provisions aimed at achieving this goal. One of the main provisions is the establishment of stricter regulations on lobbying activities. The bill would require corporations to disclose all of their lobbying activities and expenditures, making it more transparent for the public to see which companies are trying to influence government policies.

Additionally, the bill would impose limits on the revolving door between government and corporate positions. This means that individuals who work for the government would be restricted from immediately taking jobs with corporations that they had previously regulated or overseen. This provision is intended to prevent conflicts of interest and ensure that government officials are working in the best interests of the public, rather than for the benefit of corporations. Furthermore, the Stop Corporate Capture Act would increase penalties for corporations found to be engaging in corrupt practices or attempting to influence government officials through illegal means. This is meant to deter companies from engaging in unethical behavior and ensure that they are held accountable for any wrongdoing. Overall, the Stop Corporate Capture Act is a comprehensive piece of legislation aimed at curbing the influence of large corporations in government decision-making processes. By increasing transparency, imposing limits on the revolving door, and increasing penalties for corrupt practices, this bill seeks to promote a more fair and equitable political system that prioritizes the needs of the public over corporate interests.