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HR 4341 115th Congress House Government Operations and Politics Business records Corporate finance and management Elections, voting, political campaign regulation Political advertising Tax-exempt organizations

OPEN Act

Introduced: November 9, 2017 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 9, 2017
Referred to the Committee on Ways and Means, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Nov 9, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Openness in Political Expenditures Now Act or the OPEN Act

This bill requires each corporation that submits regular and periodic reports to shareholders to (1) include information about certain political activities during the time period covered by the report, and (2) provide copies of reports disclosing political activities to the Federal Election Commission.

The bill also prohibits an organization from obtaining tax-exempt status under 501(c)(4) of the Internal Revenue Code if its expenditures on covered political activities exceed certain thresholds in a taxable year.

What's happening now November 9, 2017

Referred to the Committee on Ways and Means, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 2