Sen. Kelly Introduces Ban Corporate PACs Act to Block For-Profit Companies from Political Spending
This bill is currently in the early stages of the legislative process after being sent to the Senate Committee on Rules and Administration for review. It is considered active, but there are no upcoming votes or hearings scheduled at this time. The bill is waiting for the committee to decide if it should move forward for further consideration.
While this is a popular idea with many voters, it faces heavy opposition from business groups and many lawmakers who rely on these funds for their campaigns.
This bill’s path across every version that has carried it.
Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
Small businesses that are incorporated would lose the ability to create or operate a corporate PAC, though most small businesses do not currently use PACs. The practical effect is minimal for the vast majority of small business owners, but those who did pool political contributions through a corporate PAC would need to find other ways to participate politically.
Read twice and referred to the Committee on Rules and Administration.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Sens. Mark Kelly and Elissa Slotkin are introducing the Ban Corporate PACs Act, a bill that would prohibit for-profit corporations from forming and using political action committees. The move comes as campaign finance reform remains a dividing issue within the Democratic party.
Democratic Sens. Elissa Slotkin and Mark Kelly introduced a bill that would ban for-profit corporations from forming PACs. The Ban Corporate PACs Act would also block other PACs from soliciting corporate donations and force existing corporate PACs to dissolve within one year.
No votes recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Ban Corporate PACs Act
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