Last progress May 5, 2025 (7 months ago)
Introduced on February 18, 2025 by John Neely Kennedy
Received in the House.
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
This legislation updates the federal charter for the Foundation of the Federal Bar Association. It moves many rules into the group’s own bylaws and makes clear that the board runs the organization and sets officer rules through those bylaws .
It also puts up guardrails. The group can’t issue stock or pay dividends, and neither the group nor its leaders may use its funds to do political activities or try to influence laws. No one can personally profit from its money, though reasonable pay and expense reimbursements are allowed; it can’t loan money to insiders; and members and private individuals aren’t personally responsible for the group’s debts. The main office can be anywhere in the United States, as chosen by the board and stated in the bylaws. The group must follow the legal-notice rules of the state where it’s incorporated. If it shuts down, any leftover assets are distributed as the board provides, in line with the charter and bylaws. It may not suggest it has U.S. Government approval for its activities, though it can acknowledge its federal charter.