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Increased Transparency for Corporate Political Spending

New rules require companies to publicly disclose their political spending. This gives citizens, as shareholders, better insight into how corporate funds are used and allows them to assess whether these activities align with their interests.
Key points
Companies will be required to report quarterly on their political expenditures, such as supporting candidates or parties.
Information on these expenditures will be publicly available online, increasing transparency and allowing citizens easy access to data.
Annual company reports will include a summary of political expenditures over $10,000 and plans for future spending, enabling shareholders to better understand the company's strategy.
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Additional Information
Shareholder Political Transparency Act of 2021
Print number: HR 1087
Sponsor: Rep. Foster, Bill [D-IL-11]
Process start date: 2021-02-18