A bill to amend the Federal Election Campaign Act of 1971 to prohibit contributions and donations by publicly traded corporations.
Ending Corporate Influence on Elections Act of 2023
This bill prohibits political contributions or donations by publicly traded corporations.
Specifically, the bill makes it unlawful for a publicly traded corporation to make (1) a contribution or donation of money or other thing of value, or to make an express or implied promise to make a contribution or donation, in connection with a federal election; (2) a contribution or donation to a political committee that accepts donations or contributions that do not comply with the contribution limits or source prohibitions under the Federal Election Campaign Act; or (3) an expenditure, independent expenditure, or disbursement for an electioneering communication.
The bill also makes it unlawful for a person to solicit, accept, or receive a contribution or donation from a publicly traded corporation.
Introduced in Senate
Read twice and referred to the Committee on Rules and Administration.
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