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Increased Transparency in Political Campaign Funding

New rules require political committees to quickly report large contributions. This aims to increase transparency in campaign finance, allowing citizens to track who is supporting politicians and parties in real-time. This makes it easier to assess potential influences on political decisions.
Key points
Political committees must report cumulative contributions of $1,000 or more from any single donor within a calendar year.
The notification must be submitted within 48 hours of reaching or exceeding the $1,000 threshold.
Citizens gain faster access to information on campaign funding sources, enhancing public oversight.
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Expired
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Additional Information
Print number: 117_HR_1076
Sponsor: Rep. Schneider, Bradley Scott [D-IL-10]
Process start date: 2021-02-15
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Real Time Transparency Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_1076.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-02-15.

What are the main provisions?

Key points include:

  • Political committees must report cumulative contributions of $1,000 or more from any single donor within a calendar year.
  • The notification must be submitted within 48 hours of reaching or exceeding the $1,000 threshold.
  • Citizens gain faster access to information on campaign funding sources, enhancing public oversight.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Schneider, Bradley Scott [D-IL-10].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on House Administration.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

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