118th Congress · SENATE BILLBILL

S. 3599 — Ban Corporate PACs Act

“A bill to amend the Federal Election Campaign Act of 1971 to limit the authority of corporations to establish and operate separate segregated funds utilized for political purposes, including the establishment or operation of a political committee, to nonprofit corporations, and for other purposes.”

Government operations and politics

Introduced Jan 17, 2024

Last action Jan 17, 2024

Pipeline · Bill → Law

Step 1

Introduced

Jan 17, 2024

Step 2

Referred

Jan 17, 2024

Rules and Administration

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill prohibits for-profit corporations from establishing or operating a separate segregated political fund (commonly known as a political action committee or PAC). Existing funds must terminate not later than one year after the date of enactment of this bill.

Provisions · 3 sectionsIntroduced in Senate

Timeline · 2 actions

Jan 17, 2024

Introduced in Senate

Jan 17, 2024

Read twice and referred to the Committee on Rules and Administration.