119-HR2816
Shell Company Abuse Act
Last action was on 4-10-2025
SenateCurrent status is Referred to the House Committee on the Judiciary.
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119th CONGRESS
1st Session
H. R. 2816
1. Short title2. Prohibition1. Short title
This Act may be cited as the "Shell Company Abuse Act".
2. Prohibition
(a) In general - Chapter 29 of title 18, United States Code, is amended by adding at the end the following:
612. Establishment of corporation to conceal election contributions and donations by foreign nationals
(a) Offense - It shall be unlawful for an owner, officer, attorney, or incorporation agent of a corporation, company, or other entity to establish or use the corporation, company, or other entity with the intent to conceal an activity of a foreign national (as defined in section 319 of the Federal Election Campaign Act of 1971 (52 U.S.C. 30121)) prohibited under such section 319.
(b) Penalty - Any person who violates subsection (a) shall be imprisoned for not more than 5 years, fined under this title, or both.
(b) Table of sections - The table of sections for chapter 29 of title 18, United States Code, is amended by inserting after the item relating to section 611 the following: