Prior Approval Reform Act

Bill: 119-hr-1399
Sponsor: full_name: Rep. Amodei, Mark E. [R-NV-2]
Introduced: 2025-02-18
Policy area: Government Operations and Politics
Subjects: Corporate finance and management

Elections, voting, political campaign regulation
Latest action: action_date: 2025-02-18
text: Referred to the House Committee on House Administration.

Summaries:
action_date: 2025-02-18
action_desc: Introduced in House
text: <p><strong>Prior Approval Reform Act</strong></p><p>This bill allows a trade association or a separate segregated fund established by a trade association to solicit contributions from a member corporation's stockholders and executive or administrative personnel and their families without the approval of the member corporation. Such a solicitation may be made by more than one trade association in a calendar year.</p>

tv_txt: I 119th CONGRESS 1st Session H. R. 1399 IN THE HOUSE OF REPRESENTATIVES February 18, 2025 Mr. Amodei of Nevada introduced the following bill; which was referred to the Committee on House Administration A BILL To amend the Federal Election Campaign Act of 1971 to expand the ability of trade associations to solicit contributions from the stockholders and executive or administrative personnel of their member corporations, and for other purposes.

1. Short title This Act may be cited as the Prior Approval Reform Act . 2. Removing requirement for prior approval (a) Solicitations Section 316(b)(4)(D) of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30118(b)(4)(D) ) is amended by striking to the extent that and all that follows and inserting a period. (b) Effective Date The amendment made by subsection (a) shall apply to solicitations made on or after January 1, 2025.