House Bill 5129
116th Congress(2019-2020)
Ban Corporate PACs Act
Introduced
Introduced in House on Nov 15, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5129
Congress
116
Policy Area
Government Operations and Politics
Government Operations and Politics
Primary focus of measure is government administration, including agency organization, contracting, facilities and property, information management and services; rulemaking and administrative law; elections and political activities; government employees and officials; Presidents; ethics and public participation; postal service. Measures concerning agency appropriations and the budget process may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Ban Corporate PACs Act
This bill prohibits for-profit corporations from establishing a separate segregated political fund. Existing funds must terminate and disburse their entire balance not later than one year after the enactment of this bill.
November 15, 2019
11/15/2019
Referred to the House Committee on House Administration.
11/15/2019
Introduced in House
Public Record
Record Updated
Oct 28, 2022 2:00:30 AM