OFFICIAL LEGAL TITLE
Real Time Transparency Act
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 117_S_850.
Which chamber initiated this legislation?
This legislation was initiated in the Senate.
When did the legislative process begin?
The process officially started on 2021-03-18.
What are the main provisions?
Key points include:
- Political committees must report contributions of $1,000 or more from a single donor within 48 hours.
- This requirement applies to all political committees and covers contributions received from 2021 onwards.
- The goal is to enhance transparency in election campaign financing, allowing citizens to track the sources of money in politics in real-time.
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. King, Angus S., Jr. [I-ME].
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.