Shareholder Political Transparency Act of 2025

The Shareholder Political Transparency Act of 2025 requires publicly traded companies (excluding investment companies) to disclose their political spending to shareholders and the public. It mandates quarterly reports to the SEC detailing amounts, dates, candidates supported/opposed, and trade associations involved in political activities exceeding $10,000. Annual reports to shareholders must summarize major political expenditures and outline planned spending for the coming year. All reports must be publicly searchable via the SEC’s EDGAR system, increasing transparency about how corporate funds influence elections and policy.