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Bill > HR1279


US HR1279

US HR1279
Shell Company Abuse Act


summary

Introduced
02/24/2021
In Committee
04/28/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend title 18, United States Code, to prohibit the estab- lishment of a corporation to conceal election contribu- tions and donations by foreign nationals.

AI Summary

This bill, the Shell Company Abuse Act, amends Title 18 of the United States Code to prohibit the establishment of corporations, companies, or other entities with the intent to conceal election contributions and donations by foreign nationals, which is prohibited under the Federal Election Campaign Act of 1971. The bill creates a new criminal offense punishable by up to 5 years in prison and a fine for anyone who owns, operates, or serves as an attorney or incorporation agent for such entities established with the intent to conceal foreign national election activity.

Committee Categories

Justice, Military Affairs and Security

Sponsors (4)

Last Action

Referred to the Subcommittee on Crime, Terrorism, and Homeland Security. (on 04/28/2021)

bill text


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