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Campaign Finance Reform: 600% Match for Small Political Donations.

This Act establishes a public financing system for Congressional campaigns, matching small individual contributions ($1 to $200) at a 6-to-1 ratio (600%). The goal is to amplify the financial voice of everyday citizens and reduce candidates' reliance on large donors and special interests. The system is funded by a new "Freedom From Influence Fund," which collects assessments on federal fines and penalties imposed on corporations and organizations, ensuring no taxpayer money is used.
Key points
Small donations ($1-$200) to participating Congressional candidates are matched 6-to-1, significantly increasing the impact of grassroots funding.
The system is financed by a new fund collecting 4.75% assessments on federal fines and penalties imposed on organizations, not general tax revenue.
Participating candidates must adhere to strict contribution limits and are prohibited from using Leadership PACs, limiting the influence of large money.
A pilot program offers residents in three selected states a $25 "My Voice Voucher" to contribute to candidates.
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Expired
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Additional Information
Print number: 118_HR_8572
Sponsor: Rep. Sarbanes, John P. [D-MD-3]
Process start date: 2024-05-24
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Government by the People Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_8572.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2024-05-24.

What are the main provisions?

Key points include:

  • Small donations ($1-$200) to participating Congressional candidates are matched 6-to-1, significantly increasing the impact of grassroots funding.
  • The system is financed by a new fund collecting 4.75% assessments on federal fines and penalties imposed on organizations, not general tax revenue.
  • Participating candidates must adhere to strict contribution limits and are prohibited from using Leadership PACs, limiting the influence of large money.
  • A pilot program offers residents in three selected states a $25 "My Voice Voucher" to contribute to candidates.
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 Rep. Sarbanes, John P. [D-MD-3].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

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