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HR 988 118th Congress House Crime and Law Enforcement Business ethics Corporate finance and management Criminal procedure and sentencing Elections, voting, political campaign regulation

Shell Company Abuse Act

Introduced: February 14, 2023 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 14, 2023
Referred to the House Committee on the Judiciary.
Feb 14, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Shell Company Abuse Act

This bill makes it unlawful to establish or use a corporation, company, or other entity with the intent to conceal an election contribution or donation by a foreign national.

A violator is subject to criminal penalties—a fine, a prison term of up to five years, or both.

What's happening now February 14, 2023

Referred to the House Committee on the Judiciary.

 Committees of jurisdiction 1