H.R. 1264 · 117th Congress

Corporate Duty to Report Act of 2021

Stage
In committee
Introduced
2021-02-23
Latest action
2021-02-23 · Introduced in House

Summary

Corporate Duty to Report Act of 2021

This bill requires corporations to report to the Federal Bureau of Investigation the receipt of specified prohibited disbursements from foreign nationals for campaign-related public communications. Additionally, when receiving specified disbursements, corporations must inquire whether such disbursements (1) are for campaign purposes, and (2) are made by foreign nationals. Further, the bill establishes fines for violations of this bill.