Shell Company Abuse Act

AI Summary

No AI Summary Available

Click the button above to generate an AI-powered summary of this bill using Claude.

The summary will analyze the bill's key provisions, impact, and implementation details.

Latest Action

Apr 10, 2025

Referred to the House Committee on the Judiciary.

Actions (3)

Referred to the House Committee on the Judiciary.

Type: IntroReferral | Source: House floor actions | Code: H11100

Apr 10, 2025

Introduced in House

Type: IntroReferral | Source: Library of Congress | Code: Intro-H

Apr 10, 2025

Introduced in House

Type: IntroReferral | Source: Library of Congress | Code: 1000

Apr 10, 2025

Subjects (5)

Business ethics Corporate finance and management Crime and Law Enforcement (Policy Area) Criminal procedure and sentencing Elections, voting, political campaign regulation

Cosponsors (5)

Rep. Goldman, Daniel S. [D-NY-10]

(D-NY)
May 5, 2025

Rep. Gottheimer, Josh [D-NJ-5]

(D-NJ)
May 1, 2025

Rep. Bacon, Don [R-NE-2]

(R-NE)
Apr 10, 2025

Rep. Crow, Jason [D-CO-6]

(D-CO)
Apr 10, 2025

Rep. Fitzpatrick, Brian K. [R-PA-1]

(R-PA)
Apr 10, 2025

Text Versions (1)

Introduced in House

Apr 10, 2025

PDF ↗ XML ↗

Full Bill Text

Length: 2,158 characters Version: Introduced in House Version Date: Apr 10, 2025 Last Updated: Nov 12, 2025 6:25 AM

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2816 Introduced in House

(IH) ]

<DOC>

119th CONGRESS
1st Session
H. R. 2816

To amend title 18, United States Code, to prohibit the establishment of
a corporation to conceal election contributions and donations by
foreign nationals.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

April 10, 2025

Mr. Bell (for himself, Mr. Bacon, Mr. Crow, and Mr. Fitzpatrick)
introduced the following bill; which was referred to the Committee on
the Judiciary

_______________________________________________________________________

A BILL

To amend title 18, United States Code, to prohibit the establishment of
a corporation to conceal election contributions and donations by
foreign nationals.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1.

This Act may be cited as the ``Shell Company Abuse Act''.

SEC. 2.

(a) In General.--Chapter 29 of title 18, United States Code, is
amended by adding at the end the following:
``

Sec. 612.

contributions and donations by foreign nationals
``

(a) Offense.--It shall be unlawful for an owner, officer,
attorney, or incorporation agent of a corporation, company, or other
entity to establish or use the corporation, company, or other entity
with the intent to conceal an activity of a foreign national (as
defined in

section 319 of the Federal Election Campaign Act of 1971 (52 U.

U.S.C. 30121)) prohibited under such

section 319.

``

(b) Penalty.--Any person who violates subsection

(a) shall be
imprisoned for not more than 5 years, fined under this title, or
both.''.

(b) Table of Sections.--The table of sections for chapter 29 of
title 18, United States Code, is amended by inserting after the item
relating to

section 611 the following: ``612.

``612. Establishment of corporation to conceal election contributions
and donations by foreign nationals.''.
<all>

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2816 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 2816

To amend title 18, United States Code, to prohibit the establishment of 
 a corporation to conceal election contributions and donations by 
 foreign nationals.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 April 10, 2025

 Mr. Bell (for himself, Mr. Bacon, Mr. Crow, and Mr. Fitzpatrick) 
 introduced the following bill; which was referred to the Committee on 
 the Judiciary

_______________________________________________________________________

 A BILL

To amend title 18, United States Code, to prohibit the establishment of 
 a corporation to conceal election contributions and donations by 
 foreign nationals.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Shell Company Abuse Act''.

SEC. 2. PROHIBITION.

    (a) In General.--Chapter 29 of title 18, United States Code, is 
amended by adding at the end the following:
``

Sec. 612. Establishment of corporation to conceal election 
 contributions and donations by foreign nationals
 ``

    (a) Offense.--It shall be unlawful for an owner, officer, 
attorney, or incorporation agent of a corporation, company, or other 
entity to establish or use the corporation, company, or other entity 
with the intent to conceal an activity of a foreign national (as 
defined in 

section 319 of the Federal Election Campaign Act of 1971 (52 
U.S.C. 30121)) prohibited under such 

section 319.
 ``

    (b) Penalty.--Any person who violates subsection

    (a) shall be 
imprisoned for not more than 5 years, fined under this title, or 
both.''.

    (b) Table of Sections.--The table of sections for chapter 29 of 
title 18, United States Code, is amended by inserting after the item 
relating to 

section 611 the following:

``612. Establishment of corporation to conceal election contributions 
 and donations by foreign nationals.''.
 <all>

View original source ↗

119-hr2816