H.R. 1399 · 119th Congress

Prior Approval Reform Act

Stage
In committee
Introduced
2025-02-18
Latest action
2025-02-18 · Introduced in House

Summary

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.