- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Financial ServicesIntroducedFebruary 7th, 2019
- house Committees
Corporations have an outsize influence when it comes to political spending, and many don’t disclose their political expenditures to their shareholders. This bill protects shareholders by ensuring they’re aware of how politically active companies they’ve invested in are.
The Federal Election Commission (FEC) already requires that companies file reports with it when they spend their own money advocating for the election or defeat of a candidate — if shareholders want to see companies’ political spending they can view those reports.