Bill · H.R. 4799· House(119-HR-4799)
Ban Corporate PACs Act
- Introduced
- 7/29/2025
- Last activity
- 7/29/2025 — Referred to the House Committee on House Administration.
- Sponsored by
- Josh Harder
- Cosponsors
- - 3 - 0
- Introduced
- In Committee
What this bill would do
This bill, known as the "Ban Corporate PACs Act," seeks to amend the Federal Election Campaign Act of 1971. It aims to limit the authority of corporations to establish and operate separate segregated funds for political purposes. Under this proposal, such authority would be restricted to nonprofit corporations. The bill also changes the rules regarding who can be solicited for contributions to these funds. Additionally, it mandates a transition period for existing funds that do not meet the new nonprofit criteria.
Yes
Does this limit or expose the money behind campaigns?+7
The bill restricts the ability of corporations to operate political action funds by limiting that authority to nonprofit corporations.
The opposite
Would business owners be better off under this?-6
The bill reduces the political influence and fund-operating capabilities of many corporations.
Would people with substantial wealth be better off under this?-4
The bill restricts the ability of stockholders to be solicited for political contributions to their corporations.
Who it would affect, and how
Potential Positive Impacts for People
-
Limitation of Corporate Political Funds: By changing the authority to establish separate segregated funds from "a corporation" to "a nonprofit corporation," the bill limits the scope of which entities can operate these political funds (Section 2(a)(1)).
-
Restricted Solicitation: The bill limits the groups that can be solicited for contributions by removing "stockholders and their families" from the list of permissible individuals, restricting solicitation to executive or administrative personnel (Section 2(b)).
-
Changes to Government Contractor Rules: The bill amends the treatment of government contractors by replacing the term "any corporation" with "any nonprofit corporation" (Section 2(c)).
Potential Negative Impacts for People
- Termination of Existing Funds: Any existing separate segregated fund that is not held by a nonprofit corporation as defined by the new rules must terminate and disburse its entire balance within one year of the act's enactment (Section 3(b)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners-6Good For High Net Worth Individuals-4
- Governance And Ideology
- Improves Campaign Finance Reform+7
- 9/2/2025
- 1 Cosponsor added.
- 8/8/2025
- 1 Cosponsor added.
- 7/29/2025
- Referred to the House Committee on House Administration.
- 1 Cosponsor added.
- Introduced in House
2 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Jared GoldenDemocrat · Maine
Maggie GoodlanderDemocrat · New Hampshire
Josh RileyDemocrat · New York