H.R. 5941 · 118th Congress

Ban Corporate PACs Act

Stage
In committee
Introduced
2023-10-12
Latest action
2023-10-25 · Referred to the House Committee on House Administration.

Summary

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.