{"id":10996,"date":"2022-01-20T19:30:00","date_gmt":"2022-01-21T00:30:00","guid":{"rendered":"https:\/\/www.ossoff.senate.gov\/?post_type=press-releases&#038;p=10996"},"modified":"2022-01-21T07:31:22","modified_gmt":"2022-01-21T12:31:22","slug":"sen-ossoff-introduces-major-legislation-to-get-corporate-money-out-of-politics","status":"publish","type":"press-releases","link":"https:\/\/www.ossoff.senate.gov\/es\/press-releases\/sen-ossoff-introduces-major-legislation-to-get-corporate-money-out-of-politics\/","title":{"rendered":"Sen. Ossoff Introduces Major Legislation to Get Corporate Money Out of Politics"},"content":{"rendered":"<p class=\"has-text-align-center\"><em>Sen. Ossoff continues charge to end corruption in Washington<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center\"><em>Bill follows Sen. Ossoff\u2019s\u00a0<\/em><a href=\"https:\/\/www.ossoff.senate.gov\/es\/press-releases\/sens-ossoff-kelly-introduce-bill-banning-stock-trading-by-members-of-congress\/\"><em>landmark legislation<\/em><\/a><em>\u00a0to ban stock trading by members of Congress<\/em><\/p>\n\n\n\n<p><strong>Atlanta, Ga.<\/strong>&nbsp;\u2014&nbsp;Today,&nbsp;U.S.&nbsp;Senator&nbsp;Jon&nbsp;Ossoff&nbsp;introduced major legislation to get corporate money out of political campaigns.<\/p>\n\n\n\n<p>He and Senator Mark Kelly (D-AZ)&nbsp;introduced&nbsp;the&nbsp;<em>Ban Corporate PACs&nbsp;Ac<\/em><em>t<\/em>, which would&nbsp;reduce corporate influence in Washington by&nbsp;prohibiting for-profit corporations from influencing political campaigns and federal elections.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Sen. Ossoff refused&nbsp;<a href=\"https:\/\/www.valdostadailytimes.com\/news\/ga_fl_news\/ossoff-swears-off-corporate-pac-money-in-campaign-ad\/article_84cc4aca-c20e-11ea-b79c-aff0a2bfdd1b.html\">contributions from corporate PACs<\/a>&nbsp;during his U.S. Senate campaign and vowed to introduce legislation to abolish them altogether \u2014 and he is now following through on that pledge.<\/p>\n\n\n\n<p>\u201cI don\u2019t take contributions from corporate PACs. Corporate money corrupts the legislative process, and I\u2019m leading this effort alongside Sen. Kelly to ban corporate PACs altogether \u2014 as&nbsp;I said I would when I ran for the&nbsp;Senate,\u201d&nbsp;<strong>said&nbsp;Sen.&nbsp;Ossoff.<\/strong>&nbsp;&nbsp;<\/p>\n\n\n\n<p>\u201cFrom lowering prescription drug costs to creating more renewable energy jobs,&nbsp;the influence of big corporations stands in the way of getting&nbsp;results&nbsp;for Arizonans.&nbsp;Our legislation would put an end to the corrupt influence of corporate PACs in our political system.&nbsp;Arizonans can trust that I will make decisions based on what is best for our state and our country, not corporate interests,\u201d&nbsp;<strong>said Sen. Kelly.<\/strong>&nbsp;<\/p>\n\n\n\n<p>The&nbsp;<em>Ban Corporate PACs Act<\/em>&nbsp;would:&nbsp;&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Eliminate the ability of&nbsp;for-profit&nbsp;corporations to establish and manage a PAC.&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Eliminate the ability of&nbsp;for-profit&nbsp;corporations or PACs to solicit contributions from corporate stockholders.&nbsp;&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Require that existing corporate PACs that will no longer be allowed under this Act be terminated and funds be fully disbursed within 1 year after enactment of the&nbsp;Act.&nbsp;&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<p>\u201cSenators Mark Kelly and Jon&nbsp;Ossoff&nbsp;continue to be leaders in the fight to end the corrupting influence of corporate money in politics,\u201d&nbsp;<strong>said End Citizens United \/\/ Let America Vote Action Fund President Tiffany Muller.<\/strong>&nbsp;&#8220;This bill will be a critical step in ensuring that our government works for the people, not Washington special interests and big donors. From skyrocketing prescription drug prices to tax breaks benefitting only the wealthy and big corporations, Americans see the corrupt broken system we currently have and the need for change. We\u2019re grateful to Senators Kelly and&nbsp;Ossoff&nbsp;for introducing this important piece of legislation and look forward to passing it into law.\u201d&nbsp;<\/p>\n\n\n\n<p>This follows&nbsp;Sens. Ossoff&nbsp;and&nbsp;Kelly\u2019s&nbsp;<a href=\"https:\/\/www.ossoff.senate.gov\/es\/press-releases\/sens-ossoff-kelly-introduce-bill-banning-stock-trading-by-members-of-congress\/\" target=\"_blank\" rel=\"noreferrer noopener\">recent introduction<\/a>&nbsp;of their bill prohibiting members of Congress, their spouses, and dependent family members from buying and selling stocks while the member holds office.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"has-text-align-center\"># # #\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p>Sen. Ossoff continues charge to end corruption in Washington Bill follows Sen. Ossoff\u2019s\u00a0landmark legislation\u00a0to ban stock trading by members of Congress Atlanta, Ga.&nbsp;\u2014&nbsp;Today,&nbsp;U.S.&nbsp;Senator&nbsp;Jon&nbsp;Ossoff&nbsp;introduced major legislation to get corporate money out of political campaigns. He and Senator Mark Kelly (D-AZ)&nbsp;introduced&nbsp;the&nbsp;Ban Corporate PACs&nbsp;Act, which would&nbsp;reduce corporate influence in Washington by&nbsp;prohibiting for-profit corporations from influencing political campaigns and [&hellip;]<\/p>","protected":false},"author":57,"featured_media":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-10996","press-releases","type-press-releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/press_releases\/10996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/types\/press-releases"}],"author":[{"embeddable":true,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/users\/57"}],"version-history":[{"count":1,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/press_releases\/10996\/revisions"}],"predecessor-version":[{"id":10998,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/press_releases\/10996\/revisions\/10998"}],"wp:attachment":[{"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/media?parent=10996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/categories?post=10996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ossoff.senate.gov\/es\/wp-json\/wp\/v2\/tags?post=10996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}