summary
Introduced
02/07/2019
02/07/2019
In Committee
02/07/2019
02/07/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To amend the Securities Exchange Act of 1934 to direct the Securities and Exchange Commission to issue regulations to require public corporations to disclose political expenditures, and for other purposes. This bill requires issuers of securities to, on an annual basis, publicly disclose political activity expenditures made during the previous year. The Securities and Exchange Commission must issue regulations to carry out this bill.
AI Summary
This bill, the Corporate Political Disclosure Act of 2019, requires public corporations to annually disclose their political expenditures, such as independent expenditures, electioneering communications, and payments to trade associations that could be used for political activities. The Securities and Exchange Commission (SEC) must issue regulations to implement this requirement within 90 days of the bill's enactment.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Referred to the House Committee on Financial Services. (on 02/07/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/1053/all-info |
| BillText | https://www.congress.gov/116/bills/hr1053/BILLS-116hr1053ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr1053/BILLS-116hr1053ih.pdf.pdf |
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