OPEN Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Nov 18, 2019)
Openness in Political Expenditures Now Act or the OPEN Act
This bill requires each corporation that submits regular and periodic reports to shareholders to (1) include information about certain political activities during the time period covered by the report, and (2) provide copies of reports disclosing political activities to the Federal Election Commission.
The bill also prohibits an organization from obtaining tax-exempt status under 501(c)(4) of the Internal Revenue Code if its expenditures on covered political activities exceed certain thresholds in a taxable year.
What just happenedNov 18, 2019
Referred to the Committee on Ways and Means, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Who’s behind it
- Introduced in HouseNov 18, 2019
- Nov 18, 2019IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Committee on House Administration - Nov 18, 2019IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ways and Means Committee - Nov 18, 2019IntroReferralIntro-H
Introduced in House
- Nov 18, 2019IntroReferral1000
Introduced in House