116th CONGRESS 1st Session |
To repeal the restriction on the use of funds by the Securities and Exchange Commission to ensure that shareholders of corporations have knowledge of corporation political activity.
February 13, 2019
Mr. Levin of Michigan (for himself, Mr. Sarbanes, Mr. Garamendi, Mr. Gallego, Mr. Kim, Ms. Kuster of New Hampshire, Ms. Norton, Mr. Pappas, Ms. Schakowsky, Ms. Wasserman Schultz, and Ms. Wild) introduced the following bill; which was referred to the Committee on Financial Services
To repeal the restriction on the use of funds by the Securities and Exchange Commission to ensure that shareholders of corporations have knowledge of corporation political activity.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Transparency in Corporate Political Spending Act”.
SEC. 2. Repeal of restriction on use of funds by Securities and Exchange Commission to ensure shareholders of corporations have knowledge of corporation political activity.
Notwithstanding section 101 of division C of Public Law 115–245, section 631 of Division E of the Consolidated Appropriations Act, 2018 shall have no force or effect during fiscal year 2019.