S.2939 - Shell Company Abuse Act115th Congress (2017-2018)
|Sponsor:||Sen. Whitehouse, Sheldon [D-RI] (Introduced 05/23/2018)|
|Committees:||Senate - Rules and Administration|
|Latest Action:||Senate - 06/26/2018 Committee on the Judiciary Subcommittee on Crime and Terrorism. Hearings held. (All Actions)|
This bill has the status Introduced
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Summary: S.2939 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in Senate (05/23/2018)
Shell Company Abuse Act
This bill amends the federal criminal code to make it unlawful to establish or use a corporation, company, or other entity with the intent to conceal an election contribution or donation by a foreign national.
A violator is subject to a criminal penalty—a fine, a prison term of up to five years, or both.