H.R. 450 · 114th Congress

Protect Democracy From Criminal Corporations Act

Stage
In committee
Introduced
2015-01-21
Latest action
2015-01-21 · Introduced in House

Summary

Protect Democracy From Criminal Corporations Act

Amends the Federal Election Campaign Act of 1971 to prohibit a corporation from making a disbursement of funds in connection with a campaign for election for federal, state, or local office for six years after the corporation: (1) is finally convicted of conspiracy to commit an offense against, or to defraud, the United States or any other felony involving dishonesty or a breach of trust; or (2) that has been charged with such an offense enters into a non-prosecution agreement, a deferred prosecution agreement, or any other agreement with the Attorney General to resolve such charge if the agreement includes a requirement that the corporation make a payment equal to or greater than $1 million.