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Ban Corporate PACs Act
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.
Read the Full Bill
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
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3528
Primary Policy Focus
Government Operations and PoliticsPotential 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
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.
Comments
Sponsors and Cosponsors of S 3528
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