Online Donation Security: CVV Required and Gift Cards Banned in Federal Elections.
These new rules aim to increase security and transparency in federal campaign financing. Citizens donating online via credit or debit card will now be required to provide the CVV code, making fraudulent contributions harder. The Act also prohibits the use of gift cards for contributions to political committees, and foreign donors must verify their eligibility.
Key points
Mandatory disclosure of the CVV code for online credit or debit card contributions to political committees.
Prohibition on accepting contributions made using gift cards or store gift certificates in federal elections.
Stricter identification requirements for donors with foreign mailing addresses (e.g., US passport or permanent resident card) to verify eligibility.
Reinforcement of the prohibition against knowingly helping someone make a contribution in the name of another person (straw donor prohibition).
Expired
Additional Information
Print number: 118_HR_9488
Sponsor: Rep. Steil, Bryan [R-WI-1]
Process start date: 2024-09-06