Bill

Bill > HR6312


US HR6312

US HR6312
Inaugural Fund Integrity Act


summary

Introduced
11/08/2023
In Committee
11/08/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th 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 Committees, to require certain reporting by Inaugural Committees, and for other purposes.

AI Summary

This bill, the Inaugural Fund Integrity Act, amends the Federal Election Campaign Act of 1971 to prohibit certain donations to Inaugural Committees, establish limitations on donations, and require certain reporting by Inaugural Committees. Specifically, the bill prohibits Inaugural Committees from soliciting or accepting donations from non-individuals or foreign nationals, and it limits individual donations to $50,000 (with adjustments for inflation). The bill also requires Inaugural Committees to disclose donations over $1,000 within 24 hours and to file a final report detailing all donations over $200 and all committee disbursements. These provisions aim to enhance transparency and integrity in the funding of presidential inaugurations.

Committee Categories

Government Affairs

Sponsors (8)

Last Action

Referred to the Committee on House Administration, and in addition to the Committee on Oversight and Accountability, 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 11/08/2023)

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