Congress·In Committee·H.R. 4799

Ban Corporate PACs Act

Rep. Harder Introduces Ban Corporate PACs Act to Prohibit For-Profit Companies From Running Political Funds

8 months ago·View on Congress.gov·Read full text

This bill is currently in the early stages of the legislative process after being sent to the House Committee on House Administration for review. It is considered active, but no future meetings or votes have been scheduled yet. There is no companion bill mentioned for this proposal.

Passage Likelihood

20%Unlikely

This bill faces strong opposition from business groups and lacks the bipartisan support needed to pass through a divided Congress.

·Democratic sponsors in a divided House
·Strong opposition from corporate lobbyists
·No Republican cosponsors
·Referred to committee with no further action

Legislative Progress

House

Senate

President

Law

Key Points

This bill would ban for-profit corporations from creating or running their own political action committees (PACs). Only nonprofit organizations would be allowed to operate these political funds going forward.
From policy text
“limit the authority of corporations to establish and operate separate segregated funds utilized for political purposes, including the establishment or operation of a political committee, to nonprofit corporations”
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The bill defines which nonprofits qualify by referencing IRS tax-exempt status under section 501(c). Nonprofits that would lose their tax-exempt status by running a PAC would not be allowed to create one.
From policy text
“the term `nonprofit corporation' means a corporation described in section 501(c) of the Internal Revenue Code of 1986 and exempt from taxation under section 501(a) of such Code, other than a corporation which is ineligible to be exempt from taxation under section 501(a) of such Code if it establishes a separate segregated fund under this subsection”
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The bill removes stockholders from the list of people who can be asked for PAC donations. Under this change, only executive and administrative personnel at qualifying nonprofits could be solicited for contributions.
From policy text
“by striking ``its stockholders and their families and''”
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Any existing corporate PAC that no longer qualifies under the new rules would have one year to shut down and spend or give away all its remaining money.
From policy text
“the fund shall terminate and disburse its entire balance not later than 1 year after the date of the enactment of this Act”
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The bill was introduced by Rep. Harder of California and Rep. Golden of Maine and referred to the House Administration Committee. It would take effect immediately upon enactment.
From policy text
“The amendments made by this Act shall take effect on the date of the enactment of this Act.”
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Impact Analysis

Personal Impact

Who is affectedScoreImpactCertaintyScopeDurationSentiment

Scores: 1 = low, 5 = highSentiment: -5 to +5 (net benefit)

Milestones

2 milestones2 actions

Jul 29, 2025House

Referred to the House Committee on House Administration.

Jul 29, 2025

Introduced in House

The bill was officially filed and given a number. It now enters the legislative queue.

Related News

2 articles

Axios·8 months ago

Exclusive: Dems propose corporate PAC ban

A group of congressional Democrats, led by Sens. Mark Kelly and Elissa Slotkin, is proposing a ban on for-profit corporations forming and using political action committees (PACs), a move that could split the party ahead of the 2028 elections.

Politico·8 months ago

Politico Playbook: Dems to introduce Ban Corporate PACs Act

Senators Mark Kelly and Elissa Slotkin, both seen as potential 2028 presidential contenders, are set to introduce the Ban Corporate PACs Act, which would prohibit for-profit companies from operating political action committees and require existing ones to dissolve within one year.

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