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Senate Election Funding Reform: Empowering Small Donors

This act aims to change how Senate election campaigns are funded, promoting smaller contributions from citizens. It introduces a public matching system for small donations, intended to reduce the influence of large donors and increase the importance of individual contributions. Citizens will have a greater impact on elections through their small donations, and candidates will be less dependent on large funds.
Key points
New Campaign Finance System: Senate candidates can receive public financial support if they collect a sufficient number of small contributions (from $5 to $200).
Small Donation Matching: Each qualifying small contribution from a citizen will be matched by 600% from a public fund, increasing its impact.
Candidate Restrictions: Candidates using the new system will have limits on accepting large donations and using personal funds, aiming to reduce the influence of wealthy individuals.
Freedom From Influence Fund: A special fund will be established, financed partly by a tax on large government contracts, to support election campaigns.
Increased Transparency: The requirement for electronic filing of financial reports by candidates aims to increase public access to information on who contributes to campaigns and how much.
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Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_5277
Sponsor: Sen. Durbin, Richard J. [D-IL]
Process start date: 2022-12-15
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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

Fair Elections Now Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_5277.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-12-15.

What are the main provisions?

Key points include:

  • New Campaign Finance System: Senate candidates can receive public financial support if they collect a sufficient number of small contributions (from $5 to $200).
  • Small Donation Matching: Each qualifying small contribution from a citizen will be matched by 600% from a public fund, increasing its impact.
  • Candidate Restrictions: Candidates using the new system will have limits on accepting large donations and using personal funds, aiming to reduce the influence of wealthy individuals.
  • Freedom From Influence Fund: A special fund will be established, financed partly by a tax on large government contracts, to support election campaigns.
  • Increased Transparency: The requirement for electronic filing of financial reports by candidates aims to increase public access to information on who contributes to campaigns and how much.
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 Sen. Durbin, Richard J. [D-IL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

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