H.R.543 - Corporate Charitable Disclosure Act of 2005109th Congress (2005-2006)
||Rep. Gillmor, Paul E. [R-OH-5] (Introduced 02/02/2005)
||House - Financial Services
||03/17/2005 Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. (All Actions)
This bill has the status Introduced
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Introduced in House (02/02/2005)
Corporate Charitable Disclosure Act of 2005 - Amends the Securities and Exchange Act of 1934 to require disclosure of: (1) corporate charitable contributions whose value exceeds what the issuer made during the previous year to any nonprofit organization of which a director, officer, or controlling person of the issuer (or a spouse) was a director or trustee (insider affiliated charity); (2) the name of such nonprofit organization and the value of the contribution; (3) the total value of contributions made by the issuer to nonprofit organizations during its previous fiscal year; and (4) the organization name and the value of contributions if the value to any one organization exceeds the amount designated by Securities and Exchange Commission rule.