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S. 2939

BillFederalSenateIn Committee
Shell Company Abuse Act
About This Bill
Committee
Latest Action · June 26, 2018
Committee on the Judiciary Subcommittee on Crime and Terrorism. Hearings held.
Congress
115th (2017–2019)
Introduced
May 23, 2018
Sponsor
Sen. Sheldon WhitehouseD
Cosponsors (4)
2D 2R
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Summary

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Shell Company Abuse Act This bill amends the federal criminal code to make it unlawful to establish or use a corporation, company, or other entity with the intent to conceal an election contribution or donation by a foreign national. A violator is subject to a criminal penalty—a fine, a prison term of up to five years, or both.

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