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119-s-118119th Congress

Inaugural Committee Transparency Act of 2025

Sponsored By: Senator Cortez Masto, Catherine [D-NV]

Introduced

Summary

Transparency and limits on foreign donations are the bill's core aim. It would tighten reporting rules for presidential inaugural committees and close loopholes that allow foreign or disguised donations.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 3 benefits, 0 costs, 0 mixed.

Ban foreign and straw donations

If enacted, Inaugural Committees would be barred from soliciting or accepting donations from foreign nationals. People could not donate in another person's name or knowingly let someone use their name to donate. The bill would use the Federal Election Campaign Act meaning of 'foreign national.' It would also bar using donations to pay a person's unrelated personal obligations.

Leftover inaugural funds to charities

If enacted, an Inaugural Committee would have to disburse any remaining donated funds to a 501(c)(3) charity within 90 days after the Presidential inaugural ceremony. The Federal Election Commission could extend the 90 days if the committee asks. If extended, the committee would file a supplemental report by the extension's last day. The rule would take effect upon enactment.

More reporting for inaugural spending

If enacted, Presidential Inaugural Committees would have to publicly report any disbursement of $200 or more. Reports would show recipient name and address, the date, the total amount, and the purpose. This would cover payments made after the inaugural period. The rule would take effect upon enactment.

Sponsors & CoSponsors

Sponsor

Cortez Masto, Catherine [D-NV]

NV • D

Cosponsors

  • Sen. Whitehouse, Sheldon [D-RI]

    RI • D

    Sponsored 1/16/2025

  • Sen. Van Hollen, Chris [D-MD]

    MD • D

    Sponsored 1/16/2025

  • Sen. Markey, Edward J. [D-MA]

    MA • D

    Sponsored 1/16/2025

  • Sen. Merkley, Jeff [D-OR]

    OR • D

    Sponsored 1/16/2025

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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