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House Bill 988
118th Congress(2023-2024)
Shell Company Abuse Act
Introduced
Introduced
Introduced in House on Feb 14, 2023
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Introduced in House 
Feb 14, 2023
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Introduced in House(Feb 14, 2023)
Feb 14, 2023
No Linkage Found
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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H. R. 988 (Introduced-in-House)


118th CONGRESS
1st Session
H. R. 988


To amend title 18, United States Code, to prohibit the establishment of a corporation to conceal election contributions and donations by foreign nationals.

IN THE HOUSE OF REPRESENTATIVES

February 14, 2023

Mr. Allred (for himself and Mr. Crow) introduced the following bill; which was referred to the Committee on the Judiciary

A BILL

To amend title 18, United States Code, to prohibit the establishment of a corporation to conceal election contributions and donations by foreign nationals.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Shell Company Abuse Act”.

SEC. 2. Prohibition.

(a) In general.—Chapter 29 of title 18, United States Code, is amended by adding at the end the following:

Ҥ 612. Establishment of corporation to conceal election contributions and donations by foreign nationals

“(a) Offense.—It shall be unlawful for an owner, officer, attorney, or incorporation agent of a corporation, company, or other entity to establish or use the corporation, company, or other entity with the intent to conceal an activity of a foreign national (as defined in section 319 of the Federal Election Campaign Act of 1971 (52 U.S.C. 30121)) prohibited under such section 319.

“(b) Penalty.—Any person who violates subsection (a) shall be imprisoned for not more than 5 years, fined under this title, or both.”.

(b) Table of sections.—The table of sections for chapter 29 of title 18, United States Code, is amended by inserting after the item relating to section 611 the following:


“612. Establishment of corporation to conceal election contributions and donations by foreign nationals.”.