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Increased Transparency for Presidential Inaugural Committees

New rules aim to increase transparency in the funding of presidential inaugural committees. Citizens will have better insight into the sources and uses of funds, which is intended to reduce irregularities and foreign influence. Additionally, unused funds must be donated to charity.
Key points
Inaugural committees must disclose all expenditures of $200 or more, including recipient name, date, and purpose.
Donations from foreign nationals and anonymous donations are prohibited.
Unused funds must be donated to charity within 90 days of the inauguration.
Using donations for personal expenses of committee-related individuals is forbidden.
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Additional Information
Print number: 117_S_159
Sponsor: Sen. Cortez Masto, Catherine [D-NV]
Process start date: 2021-02-02