Accountable Capitalism Act

referredUnited States· United States Congress· EN

Introduced

15 August 2018

Last action

15 August 2018 · Introduced

Status

Read twice and referred to the Committee on Commerce, Science, and Transportation.

Summary

Accountable Capitalism Act This bill imposes various duties and limitations on companies and entities that qualify as large entities, including by: (1) imposing on such an entity a duty to create a general public benefit as articulated in its charter, (2) requiring a director of a large entity to balance the pecuniary interests of shareholders with the interests of persons materially affected by the entity, (3) restricting when officers and directors may sell certain securities related to the entity, and (4) requiring shareholder and director approval of the entity's political expenditures. The bill also establishes the Office of U.S. Corporations, which shall have various duties such as reviewing and granting charters for large entities.

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

Timeline

15 August 2018
Introduced
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Source: IntroReferral
15 August 2018
Introduced
Introduced in Senate
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in Senate · 15 August 2018 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 15 August 2018
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Introduced in Senate (PDF)
Introduced in Senate · EN · 15 August 2018
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Introduced in Senate
summary · EN · 15 August 2018
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to ← Accountable Capitalism Act

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/115th-congress/senate-bill/3348
Open data entity: https://api.congress.gov/v3/bill/115/s/3348
us · 115-s-3348 · source updated 5 December 2025