What does Preamble of Shell Company Abuse Act do?

This bill, formally titled 'To amend title 18, United States Code, to prohibit the establishment of a corporation to conceal election contributions and donations by foreign nationals,' aims to amend Title 18 of the United States Code. The bill seeks to prohibit the creation of corporations intended to obscure election contributions and donations originating from foreign nationals.

What does SHORT TITLE. of Shell Company Abuse Act do?

This bill is formally titled the Shell Company Abuse Act.

What does PROHIBITION. of Shell Company Abuse Act do?

This section amends Chapter 29 of title 18, United States Code, by adding a new section 612. Section 612 prohibits the establishment or use of a corporation to conceal activities of a foreign national prohibited under section 319 of the Federal Election Campaign Act of 1971. The prohibition applies to owners, officers, attorneys, or incorporation agents of a corporation, company, or other entity. Violations of this section can result in imprisonment for not more than 5 years, a fine, or both.

Back to bills

Shell Company Abuse Act

Last updated: 4/10/2025 · Introduced: 4/10/2025

Author: Wesley Bell (D-MO)

TL;DR (AI)

The bill prohibits establishing or using corporations to hide election contributions or donations from foreign nationals.
It creates a new federal crime with potential penalties of up to 5 years imprisonment, fines, or both for violating this prohibition.
This law applies to individuals involved in the creation or operation of such corporations, including owners, officers, attorneys, and incorporation agents.

119th Congressin committeeS. 3991(In Committee)Official page

Verified Votes

No verified votes yet.

Community Votes

No community votes yet. Be the first!

Voting as guest · Sign in for verified votes

Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

Click "Show details" to explore individual sections. Use the community vote above or visit All Sections to vote per section.

Read official text

Want the full experience?

Create a free account to cast verified votes on each section, get a personalized summary, and track your voting history.

Create Free Account