S. 2939 · 115th Congress
Shell Company Abuse Act
- Stage
- In committee
- Sponsor
- Sheldon Whitehouse
- Introduced
- 2018-05-23
- Latest action
- 2018-06-26 · Committee on the Judiciary Subcommittee on Crime and Terrorism. Hearings held.
Summary
Shell Company Abuse Act
This bill amends the federal criminal code to make it unlawful to establish or use a corporation, company, or other entity with the intent to conceal an election contribution or donation by a foreign national.
A violator is subject to a criminal penalty—a fine, a prison term of up to five years, or both.