What does Preamble of Ban Corporate PACs Act do?

This bill aims to amend the Federal Election Campaign Act of 1971 It seeks to limit corporate authority in establishing and operating separate segregated funds for political purposes The limitation would apply to nonprofit corporations

What does SHORT TITLE. of Ban Corporate PACs Act do?

This bill is formally titled the Ban Corporate PACs Act.

What does LIMITING AUTHORITY OF CORPORATIONS TO ESTABLISH OR OPERATE of Ban Corporate PACs Act do?

This section limits the authority of nonprofit corporations to establish or operate separate segregated funds for political purposes. It amends the Federal Election Campaign Act of 1971 to restrict the definition of corporations to nonprofit corporations. The section permits solicitation of contributions only from executive and administrative personnel of nonprofit corporations.

What does EFFECTIVE DATE; TRANSITION FOR EXISTING FUNDS AND COMMITTEES. of Ban Corporate PACs Act do?

This section establishes the effective date for amendments made by this Act. The amendments take effect upon the Act's enactment. Funds established under section 316(b)(2)(C) of the Federal Election Campaign Act of 1971, excluding those of nonprofit corporations, must terminate and disburse their balance within one year of the Act's enactment.

Back to bills

Ban Corporate PACs Act

Last updated: 7/29/2025 · Introduced: 7/29/2025

Author: Josh Harder (D-CA)

TL;DR (AI)

The bill limits the authority of nonprofit corporations to establish or operate separate segregated funds for political purposes.
It restricts the definition of corporations under the Federal Election Campaign Act of 1971 to nonprofit corporations, affecting their ability to solicit contributions.
Existing funds established by entities other than nonprofit corporations must terminate and disburse their balance within one year of the bill's enactment.

119th Congressin committeeS. 2515(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 2 more.

4 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