Ban Corporate PACs Act

Hozzl · 2023-03-15T19:00:24Z

Explore the details of Senate Bill 3528 Ban Corporate PACs Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Government Operations and Politics. Stay informed on legislative developments.

3/15/2023, 7:00 PM

Congressional Summary of S 3528

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.

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Current Status of Bill S 3528

Bill S 3528 is currently in the status of Bill Introduced since January 20, 2022. Bill S 3528 was introduced during Congress 117 and was introduced to the Senate on January 20, 2022. Bill S 3528's most recent activity was Read twice and referred to the Committee on Rules and Administration. as of January 20, 2022

Bipartisan Support of Bill S 3528

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 3528

Primary Policy Focus

Government Operations and Politics

Potential Impact Areas

- Corporate finance and management

- Elections, voting, political campaign regulation

- Public contracts and procurement

- Tax-exempt organizations

Alternate Title(s) of Bill S 3528

Ban Corporate PACs Act

A bill 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.