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Ban Corporate PACs Act
1/31/2024, 4:45 AM
Congressional Summary of HR 5941
Ban Corporate PACs Act
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.
Read the Full Bill
Current Status of Bill HR 5941
Bill HR 5941 is currently in the status of Bill Introduced since October 12, 2023. Bill HR 5941 was introduced during Congress 118 and was introduced to the House on October 12, 2023. Bill HR 5941's most recent activity was Referred to the House Committee on House Administration. as of October 25, 2023
Bipartisan Support of Bill HR 5941
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5941
Primary Policy Focus
Government Operations and PoliticsAlternate Title(s) of Bill HR 5941
Ban Corporate PACs Act
Ban Corporate PACs Act
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.
Comments
Sponsors and Cosponsors of HR 5941
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