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Increased Transparency for Election Campaign Funding

New rules aim to increase transparency in election campaign funding. Citizens will gain faster access to information about large contributions to political committees, allowing them to better assess who and to what extent supports candidates or parties just before elections. This will enable voters to make informed decisions based on more complete knowledge of political funding sources.
Key points
Political committees must report large contributions (of $1,000 or more) received shortly before an election more quickly.
Information on these contributions will be publicly available, increasing transparency in campaign finance.
The changes apply to elections occurring after the act's enactment, regardless of whether detailed implementing regulations have been issued.
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Additional Information
Print number: 118_HR_6930
Sponsor: Rep. Crow, Jason [D-CO-6]
Process start date: 2024-01-10