HB6893: SCAM PAC Act Stopping Corrupt Actors from Making Political Action Committees Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To prohibit the disbursement of funds to entities owned or controlled by individuals with executive or managerial authority over the operations of political committees, and for other purposes.
Plain-language summary
The SCAM PAC Act would prevent political action (PACs)—organizations that collect and spend money for political campaigns—from giving money to businesses owned or run by people who control that PAC's operations. The bill targets what supporters say is a scheme where PAC leaders funnel donor money to their own companies. The bill was introduced by Representatives Katie Porter, Ted Lieu, and Adam Schiff and is currently awaiting committee review.
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HB6893: SCAM PAC Act Stopping Corrupt Actors from Making Political Action Committees Act