Prior Approval Reform Act

Hozzl · 2025-03-19T03:08:20Z

Explore the details of House Bill 1399 Prior Approval Reform Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

3/19/2025, 3:08 AM

Summary of Bill HR 1399

Bill 119 hr 1399, also known as the Trade Association Political Contribution Reform Act, aims to amend the Federal Election Campaign Act of 1971. The main goal of this bill is to allow trade associations to have more flexibility in soliciting contributions from the stockholders and executive or administrative personnel of their member corporations.

Currently, trade associations are limited in their ability to solicit contributions from these individuals. This bill seeks to expand this ability, allowing trade associations to engage with a broader range of potential donors within their member corporations.

The bill does not specify any restrictions on the amount of contributions that can be solicited, but rather focuses on expanding the pool of potential donors for trade associations. This could potentially lead to increased political engagement and financial support for trade associations and their political activities. Overall, the Trade Association Political Contribution Reform Act aims to provide trade associations with more opportunities to raise funds for their political activities, ultimately allowing them to have a greater impact on the political landscape.

Congressional Summary of HR 1399

Prior Approval Reform Act

This bill allows a trade association or a separate segregated fund established by a trade association to solicit contributions from a member corporation's stockholders and executive or administrative personnel and their families without the approval of the member corporation. Such a solicitation may be made by more than one trade association in a calendar year.

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Current Status of Bill HR 1399

Bill HR 1399 is currently in the status of Bill Introduced since February 18, 2025. Bill HR 1399 was introduced during Congress 119 and was introduced to the House on February 18, 2025. Bill HR 1399's most recent activity was Referred to the House Committee on House Administration. as of February 18, 2025

Bipartisan Support of Bill HR 1399

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Policy Area and Potential Impact of Bill HR 1399

Primary Policy Focus

Alternate Title(s) of Bill HR 1399

To amend the Federal Election Campaign Act of 1971 to expand the ability of trade associations to solicit contributions from the stockholders and executive or administrative personnel of their member corporations, and for other purposes.