Bill

Bill > HR422


US HR422

US HR422
Inaugural Fund Integrity Act


summary

Introduced
01/21/2021
In Committee
01/21/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Federal Election Campaign Act of 1971 to prohibit certain donations to Inaugural Committees, to establish limitations on donations to Inaugural Commit- tees, to require certain reporting by Inaugural Commit- tees, and for other purposes.

AI Summary

This bill, the Inaugural Fund Integrity Act, aims to amend the Federal Election Campaign Act of 1971 to prohibit certain donations to Inaugural Committees, establish limitations on donations to these committees, and require certain reporting by Inaugural Committees. Specifically, the bill would prohibit Inaugural Committees from soliciting, accepting, or receiving donations from non-individuals or foreign nationals, and would limit individual donations to $50,000 (adjusted for inflation). The bill also requires Inaugural Committees to disclose donations over $1,000 within 24 hours and file a final report on all donations and disbursements within 90 days of the presidential inauguration.

Committee Categories

Government Affairs

Sponsors (6)

Last Action

Referred to the Committee on House Administration, and in addition to the Committee on Oversight and Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (on 01/21/2021)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...