# 119-hr-8720: Campaign Finance Transparency Act

119-hr-8720, Campaign Finance Transparency Act, is a 119th Congress bill sponsored by Rep. Steil, Bryan [R-WI-1] (R-WI); status in_committee; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hr-8720
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-8720
- Congress: 119
- Title: Campaign Finance Transparency Act
- Status: in_committee
- Introduced: 2026-05-11
- Sponsor: Rep. Steil, Bryan [R-WI-1] (R-WI)
- Cosponsors: 2
- Policy area: Government Operations and Politics
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**Tighten verification and disclosure for online campaign contributions**. The Campaign Finance Transparency Act would require stronger ID checks for internet card donations and make all contributions reportable by removing the $200 exemption. - Donors: Card donors must provide the card verification code and billing ZIP and give a voter registration mailing address or passport or comparable ID. The first payment in a recurring series must meet these checks and digital wallets count as compliant. - Political committees and treasurers: Committees must verify that the name on the card matches the donor and may not accept gift cards. Recipients must forward internet donations to their treasurer within 10 days, keep donor records, and refund contributions they know are noncompliant unless they show best efforts to comply. - Regulation and timing: The Federal Election Commission must issue implementing rules within 90 days of enactment and consult payment card networks. The Act's requirements would apply 90 days after the FEC issues those regulations.

## Cosponsors (2)

- Rep. Miller, Mary E. [R-IL-15] (R-IL), 2026-05-12T00:00:00.000Z
- Rep. Barrett, Tom [R-MI-7] (R-MI), 2026-06-02T00:00:00.000Z

## Provisions PRIA read

- New ID and anti‑fraud rules for donations: mixed, medium. This bill would require online card donors to give the card security code and the billing ZIP and to make the cardholder name match the donor. Digital wallet payments would count as complying, and recurring charges would need verification only once per card. If a donor lacks a State mailing address…
- Small donations become reportable: mixed, medium. This bill would remove the old $200 reporting exemption. If enacted, contributions of any size covered by the listed FECA provisions would be reportable to the FEC and could appear in public disclosures. That would increase transparency but also raise privacy concerns for small donors and add recor…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-9237: Take Care of America’s Veterans Act
- 119-hr-833: Educational Choice for Children Act of 2025
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-7300: Make Elections Great Again Act
- 119-hr-8721: Preventing Foreign Interference in American Elections Act

## Sources
- [119-hr-8720 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/8720)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-9237: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-hr-9237)
- [119-hr-833: Educational Choice for Children Act of 2025](https://policyrisk.com/legislation/119-hr-833)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-7300: Make Elections Great Again Act](https://policyrisk.com/legislation/119-hr-7300)
- [119-hr-8721: Preventing Foreign Interference in American Elections Act](https://policyrisk.com/legislation/119-hr-8721)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-8720 (as of 2026-09-21).