S.1663 - Paycheck Protection Act105th Congress (1997-1998)
|Sponsor:||Sen. Lott, Trent [R-MS] (Introduced 02/23/1998)|
|Committees:||Senate - Rules and Administration|
|Latest Action:||02/26/1998 Amendment SP 1649 was referred the Committee on Rules and Administration. (All Actions)|
This bill has the status Introduced
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Summary: S.1663 — 105th Congress (1997-1998)All Bill Information (Except Text)
Introduced in Senate (02/23/1998)
Paycheck Protection Act - Amends the Federal Election Campaign Act to make it unlawful (except with the separate, prior, written, voluntary authorization of a stockholder, employee, member, or nonmember) for: (1) national banks or corporations to collect from or assess such stockholder or employee any dues, initiation fee, or other payment as a condition of employment if any part of such dues, fee, or payment will be used for political activities in which the national bank or corporation is engaged; and (2) labor organizations to collect from or assess such member or nonmember any dues, fee, or other payment if any part of such dues, fee, or payment will be used for political activities.
States that an authorization shall remain in effect until revoked and may be revoked at any time.