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Banning Shell Companies Used to Conceal Foreign Election Contributions.

This Act aims to protect election integrity by making it illegal to establish or use a corporation or entity specifically to hide prohibited political contributions from foreign nationals. Individuals involved, such as owners or attorneys, face penalties including up to 5 years in prison and fines. This measure strengthens the security of the democratic process against hidden foreign influence.
Key points
Establishes a new federal crime for setting up entities (shell companies) to conceal illegal election donations by foreign nationals.
Penalties for violation include imprisonment for up to 5 years, fines, or both, targeting corporate officers and agents.
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Expired
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Additional Information
Print number: 118_HR_988
Sponsor: Rep. Allred, Colin Z. [D-TX-32]
Process start date: 2023-02-14
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
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 118_HR_988.

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 2023-02-14.

What are the main provisions?

Key points include:

  • Establishes a new federal crime for setting up entities (shell companies) to conceal illegal election donations by foreign nationals.
  • Penalties for violation include imprisonment for up to 5 years, fines, or both, targeting corporate officers and agents.
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 House Committee on the Judiciary.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

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