Sec. 202. Findings
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/bill/117/hr/1187/rfs/section-202·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Congress finds that— corporations make significant political contributions and expenditures that directly or indirectly influence the election of candidates and support or oppose political causes; decisions to use corporate funds for political contributions and expenditures are usually made by corporate boards and executives, rather than shareholders; corporations, acting through boards and executives, are obligated to conduct business for the best interests of their owners, the shareholders; historically, shareholders have not had a way to know, or to influence, the political activities of corporations they own; shareholders and the public have a right to know how corporate managers are spending company funds to make political contributions and expenditures benefitting candidates, political parties, and political causes; and corporations should be accountable to shareholders in making political contributions or expenditures affecting Federal governance and public policy.