What is the official ID of this bill?
The official print number for this legislation is HR 1172.
New Campaign Finance Rules: Ending Hidden Donations
This act aims to increase transparency in election campaign financing. It introduces new rules on what constitutes a contribution to a candidate, especially when expenditures are coordinated with a campaign. This will give citizens a clearer picture of who supports politicians and how, potentially impacting election fairness.
Key points
Expenditures coordinated with a candidate's campaign will be treated as direct contributions, subject to limits and disclosure requirements.
Federal candidates and officeholders are prohibited from soliciting funds for organizations that accept unlimited donations (Super PACs).
The act clarifies what constitutes "coordination" between outside groups and campaigns, including groups formed by candidates or using the same advisors.
Financial penalties will be imposed for violations of the new rules, with organizational leadership also potentially liable.
Status:
Expired
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