HR 7261
Disclose Police Brutality Bonds Act of 2020
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Disclose Police Brutality Bonds Act of 2020, aims to increase transparency around how bond financing is used in cases involving police misconduct. It requires companies that underwrite or assist with the issuance of municipal bonds to disclose if those bonds could be used to pay settlements or judgments related to police violence or civil rights violations. The bill mandates reporting on the specific services provided, fees received, and whether minority- or woman-owned businesses were involved in those services. This information will be made available to investors and the public.
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Primary sponsor
Cosponsors
Carolyn B. Maloney
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