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Search Results: keywords:"civil fines"

  • The bill, titled the “Union Transparency and Accountability Act,” aims to make labor organizations more transparent and accountable. It updates the Labor-Management Reporting and Disclosure Act of 1959 by requiring labor organizations to submit specific financial reports annually and adds...

    Simple Explanation

    The Union Transparency and Accountability Act is a plan to make sure unions, which are groups for workers, show how they use their money and treat their members fairly. They have to tell everyone about their money once a year, and if they don’t, they might have to pay a fine.

  • H.R. 7264, titled the "Stop Politicians Profiting from War Act of 2024," aims to prevent members of Congress, their spouses, and dependent children from trading or owning stocks, bonds, and other financial interests in defense contractors. The bill requires existing members...

    Simple Explanation

    The bill says that people in Congress and their families shouldn't make money from companies that sell things like tanks and planes for the military, so they have to sell any shares they own in those companies within a certain time. If they don't follow this rule, they might have to pay a big fine.