Legislation1w ago
42
To authorize implementation grants to community-based nonprofits to operate one-stop reentry centers.
HR8548Rep. Kamlager-Dove, Sydney [D-CA-37] (D-CA)
introduced
HR535119th CongressWALLET
Inaugural Fund Integrity Act
Sponsored By: Representative Rep. Scanlon, Mary Gay [D-PA-5]
Introduced
Summary
Ban corporate and foreign donations and cap individual inaugural gifts. This bill would tighten who can give to Presidential inaugural committees, set a per-person cap, bar personal use of donations, and require faster, detailed reporting to the Federal Election Commission.
Show full summary
- Inaugural committees would be barred from soliciting or accepting donations from corporations or foreign nationals and must meet the new rules to qualify as the official committee.
- Individual donors would face a $50,000 annual cap on gifts to an inaugural committee, with the cap indexed beginning in 2032. Donors could not give in another person’s name.
- Foreign nationals would be prohibited from making, promising, or ensuring donations directly or indirectly to inaugural committees.
- Committees would have strict reporting and use limits: donations of $1,000 or more must be reported to the FEC within 24 hours, final reports due within 90 days must itemize donations and disbursements over $200, and donated funds could not be converted to personal use while unused funds may be given to certain 501(c)(3) nonprofits.
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Bill Overview
Analyzed Economic Effects
4 provisions identified: 0 benefits, 2 costs, 2 mixed.
Donation limit of $50,000 per person
If enacted, one person could give no more than $50,000 in total to a single Inaugural Committee. Starting in 2032, the limit would update each Presidential election year by a government index and round to the nearest $1,000. This would apply to inaugurations held in 2029 or later.
No corporate, foreign, or straw donations
If enacted, Inaugural Committees would be barred from taking money from companies and other groups, and from foreign nationals. It would ban donations in another person's name and stop using donations for personal expenses. The bill would define what counts as a donation (money, loans, things of value, and paid staff time) and exclude unpaid volunteer time. Unused funds could be given to a 501(c)(3) charity. These rules would apply to inaugurations held in 2029 or later.
Inaugural committees must meet new rules
If enacted, a group would be recognized as the official Inaugural Committee only if it agrees to and meets the new section 325 rules. This would apply starting with inaugurations in 2029.
24 hour and final donation reports
If enacted, any donation of $1,000 or more would have to be reported within 24 hours with the amount, date, and donor’s name and address. A final report would be due within 90 days after the inaugural. It would list donors who gave $200 or more and itemize disbursements over $200 with names, dates, amounts, and purpose. This would apply to inaugurations held in 2029 or later.
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Sponsors & CoSponsors
Sponsor
Rep. Scanlon, Mary Gay [D-PA-5]
PA • D
Cosponsors
Del. Norton, Eleanor Holmes [D-DC-At Large]
DC • D
Sponsored 1/16/2025
Rep. Tlaib, Rashida [D-MI-12]
MI • D
Sponsored 1/16/2025
Rep. Tonko, Paul [D-NY-20]
NY • D
Sponsored 1/16/2025
Rep. Mullin, Kevin [D-CA-15]
CA • D
Sponsored 1/16/2025
Rep. Johnson, Henry C. "Hank," Jr. [D-GA-4]
GA • D
Sponsored 1/16/2025
Rep. Balint, Becca [D-VT-At Large]
VT • D
Sponsored 1/16/2025
Rep. Raskin, Jamie [D-MD-8]
MD • D
Sponsored 1/16/2025
Rep. Carson, Andre [D-IN-7]
IN • D
Sponsored 1/16/2025
Rep. Crockett, Jasmine [D-TX-30]
TX • D
Sponsored 1/16/2025
Rep. Ocasio-Cortez, Alexandria [D-NY-14]
NY • D
Sponsored 1/16/2025
Rep. Morelle, Joseph D. [D-NY-25]
NY • D
Sponsored 1/16/2025
Rep. Beyer, Donald S. [D-VA-8]
VA • D
Sponsored 1/21/2025
Rep. Case, Ed [D-HI-1]
HI • D
Sponsored 1/22/2025
Roll Call Votes
No roll call votes available for this bill.
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