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H.R. 543

BillFederalHouseIn Committee
Corporate Charitable Disclosure Act of 2005
About This Bill
Committee
Latest Action · March 17, 2005
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Congress
109th (2005–2007)
Introduced
February 2, 2005
Cosponsors (7)
4D 3R
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Summary

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Corporate Charitable Disclosure Act of 2005 - Amends the Securities and Exchange Act of 1934 to require disclosure of: (1) corporate charitable contributions whose value exceeds what the issuer made during the previous year to any nonprofit organization of which a director, officer, or controlling person of the issuer (or a spouse) was a director or trustee (insider affiliated charity); (2) the name of such nonprofit organization and the value of the contribution; (3) the total value of contributions made by the issuer to nonprofit organizations during its previous fiscal year; and (4) the organization name and the value of contributions if the value to any one organization exceeds the amount designated by Securities and Exchange Commission rule.

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