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Prohibiting Concealment of Foreign Election Contributions

This new law aims to prevent the concealment of foreign money in election campaigns. It means individuals and companies cannot create special entities to secretly channel funds from foreign nationals into elections. The goal is to increase transparency in political financing and protect the integrity of elections.
Key points
Prohibits establishing or using companies to hide foreign election contributions.
Individuals violating this rule face up to 5 years in prison, fines, or both.
The act seeks to enhance transparency in election financing and prevent illegal foreign influence.
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Expired
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Additional Information
Print number: 117_HR_1279
Sponsor: Rep. Allred, Colin Z. [D-TX-32]
Process start date: 2021-02-24
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Shell Company Abuse Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_1279.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-02-24.

What are the main provisions?

Key points include:

  • Prohibits establishing or using companies to hide foreign election contributions.
  • Individuals violating this rule face up to 5 years in prison, fines, or both.
  • The act seeks to enhance transparency in election financing and prevent illegal foreign influence.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Allred, Colin Z. [D-TX-32].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Courts and Law Economy