[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1176 Introduced in House (IH)]

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116th CONGRESS
  1st Session
                                H. R. 1176

  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.


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                    IN THE HOUSE OF REPRESENTATIVES

                           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

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                                 A BILL


 
  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,

SECTION 1. SHORT TITLE.

    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.
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