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Increased Transparency in Political Campaign Funding

New rules require political committees to quickly report large contributions. This gives citizens faster access to information about who is financially supporting campaigns, increasing transparency in the election process.
Key points
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.
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Status:
Expired
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Additional Information
Real Time Transparency Act
Print number: S 850
Sponsor: Sen. King, Angus S., Jr. [I-ME]
Process start date: 2021-03-18
System Note: Lustra is free, publicly auditable civic infrastructure, with full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source, always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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Summary & Status

Key Questions about Increased Transparency in Political Campaign Funding

A structured overview of the legislative process, official sources, status and civic context.

What is the official ID of this bill?

The official print number for this legislation is 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.

Analysis and Potential Impact of S 850

We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge. Review our public AI processing logs for full transparency, and use Lustra to track active legislation for instant status push notifications.

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