To repeal a restriction on the use of funds by the Securities and Exchange Commission to ensure shareholders of corporations have knowledge of corporate political activity.

Bill: 117-hr-403
Sponsor: full_name: Rep. Levin, Andy [D-MI-9]
Introduced: 2021-01-21
Policy area: Finance and Financial Sector
Subjects: Administrative remedies

Corporate finance and management

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Securities and Exchange Commission (SEC)
Latest action: action_date: 2021-01-21
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2021-01-21
action_desc: Introduced in House
text: <p>This bill repeals the prohibition on the use of certain funds by the Securities and Exchange Commission to implement a rule, regulation, or order to require the disclosure of political contributions, contributions to tax exempt organizations, or dues paid to trade associations.</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 403 IN THE HOUSE OF REPRESENTATIVES January 21, 2021 Mr. Levin of Michigan (for himself, Mr. Case , Mr. Deutch , Mr. Gallego , Mrs. Hayes , Mr. Kim of New Jersey , Mr. Lieu , Mr. McGovern , Ms. Norton , Mr. Sarbanes , Ms. Scanlon , Ms. Schakowsky , Ms. Spanberger , Mr. Suozzi , Mr. Tonko , Mr. Trone , and Ms. Velázquez ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To repeal a restriction on the use of funds by the Securities and Exchange Commission to ensure shareholders of corporations have knowledge of corporate political activity.

1. Repeal Section 631 of the Financial Services and General Government Appropriations Act, 2021 (division E of Public Law 116–260 ) is hereby repealed.