Prior Approval Reform Act

# Prior Approval Reform Act Summary **What the Bill Does** This bill would change federal campaign finance rules to allow trade associations (industry groups) and their political fundraising arms to solicit money from a corporation's employees and shareholders without first getting the corporation's permission. Currently, corporations must approve such solicitations before they happen. The bill would also allow multiple trade associations to solicit from the same company's workers and shareholders within a single year, whereas current rules may limit this. **Who It Affects and Key Details** The bill primarily affects corporations, trade associations, and their employees and shareholders.

Trade associations represent groups of companies in specific industries (like manufacturing, retail, or technology). Under this bill, these groups would have more freedom to independently fundraise from corporate employees and shareholders for political purposes. This could increase the amount of money these groups collect for political campaigns and causes without needing corporate gatekeepers involved in the process. **Current Status** The bill was introduced by Representative Mark Amodei (R-Nevada) in the 119th Congress and is currently in committee, meaning it has not yet been debated or voted on by the full House of Representatives.