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Ban Corporate PACs Act (HR 4799)

Score:

0

%

Federal

2025

Latest Action:

Introduced in House

Updated:

July 29, 2025

Chamber:

House

This bill would stop for-profit companies from creating or running corporate PACs. Only tax-exempt nonprofit corporations could keep these political funds, and they could ask only top staff for donations not shareholders. Existing corporate PACs would have to shut down within 1 year. The change would likely reduce business influence in elections and shift political fundraising toward nonprofits and individuals.

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