[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 988 Introduced in House (IH)]

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118th CONGRESS
  1st Session
                                H. R. 988

To amend title 18, United States Code, to prohibit the establishment of 
   a corporation to conceal election contributions and donations by 
                           foreign nationals.


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                    IN THE HOUSE OF REPRESENTATIVES

                           February 14, 2023

 Mr. Allred (for himself and Mr. Crow) introduced the following bill; 
          which was referred to the Committee on the Judiciary

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                                 A BILL


 
To amend title 18, United States Code, to prohibit the establishment of 
   a corporation to conceal election contributions and donations by 
                           foreign nationals.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Shell Company Abuse Act''.

SEC. 2. PROHIBITION.

    (a) In General.--Chapter 29 of title 18, United States Code, is 
amended by adding at the end the following:
``Sec. 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:

``612. Establishment of corporation to conceal election contributions 
                            and donations by foreign nationals.''.
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