OPEN Act

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 18 November 2019

   Introduced

   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.

   Source: IntroReferral

2. 18 November 2019

   Introduced

   Introduced in House

   Source: IntroReferral

3. 18 November 2019

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 18 November 2019 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 18 November 2019

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 18 November 2019

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 18 November 2019

  Open at official source

Sponsors

• Matt Cartwright · D · Sponsor
• Sen. Schiff, Adam B. [D-CA] · D · Sponsor
• PETER DEFAZIO · D · Sponsor
• Marcy Kaptur · D · Sponsor
• Rep. Smith, Adam [D-WA-9] · D · Cosponsor
• · hsha00 · Standing
• · hswm00 · Standing

Related records

• related to → OPEN Act
• related to ← OPEN Act