Transparency in Corporate Political Spending Act

Bill: 116-hr-1176
Sponsor: full_name: Rep. Levin, Andy [D-MI-9]
Introduced: 2019-02-13
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures

Appropriations

Business ethics

Elections, voting, political campaign regulation

Executive agency funding and structure

Securities and Exchange Commission (SEC)

Tax-exempt organizations
Latest action: action_date: 2019-02-13
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2019-02-13
action_desc: Introduced in House
text: <p><b>Transparency in Corporate Political Spending Act </b></p> <p>This bill allows the Securities and Exchange Commission, during FY2019, to promulgate rules regarding the disclosure of corporate political contributions, contributions to tax-exempt organizations, and dues paid to trade associations. </p>

tv_txt: I 116th CONGRESS 1st Session H. R. 1176 IN THE HOUSE OF REPRESENTATIVES February 13, 2019 Mr. Levin of Michigan (for himself, Mr. Sarbanes , Mr. Garamendi , Mr. Gallego , Mr. Kim , Ms. Kuster of New Hampshire , Ms. Norton , Mr. Pappas , Ms. Schakowsky , Ms. Wasserman Schultz , and Ms. Wild ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To repeal the restriction on the use of funds by the Securities and Exchange Commission to ensure that shareholders of corporations have knowledge of corporation political activity.

1. Short title This Act may be cited as the Transparency in Corporate Political Spending Act . 2. Repeal of restriction on use of funds by Securities and Exchange Commission to ensure shareholders of corporations have knowledge of corporation political activity Notwithstanding section 101 of division C of Public Law 115–245 , section 631 of Division E of the Consolidated Appropriations Act, 2018 shall have no force or effect during fiscal year 2019.