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Limiting Donations and Increasing Transparency for Presidential Inaugural Funds.

This law establishes strict rules for funding Presidential Inaugural Committees to enhance transparency and curb undue influence. It bans donations from corporations, unions, and foreign nationals, while setting a $50,000 limit on contributions from individuals. Citizens benefit from faster disclosure, as committees must report large donations within 24 hours of receipt.
Key points
Inaugural Committees are prohibited from accepting donations from non-individuals (like corporations or unions) and foreign nationals.
Individual donations are capped at $50,000 in aggregate per person, with future adjustments for inflation.
Mandatory 24-hour reporting for all individual donations exceeding $1,000 to ensure immediate public transparency.
Funds cannot be converted for personal use or private expenses unrelated to the committee's official duties.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_535
Sponsor: Rep. Scanlon, Mary Gay [D-PA-5]
Process start date: 2025-01-16
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Inaugural Fund Integrity Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_535.

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 2025-01-16.

What are the main provisions?

Key points include:

  • Inaugural Committees are prohibited from accepting donations from non-individuals (like corporations or unions) and foreign nationals.
  • Individual donations are capped at $50,000 in aggregate per person, with future adjustments for inflation.
  • Mandatory 24-hour reporting for all individual donations exceeding $1,000 to ensure immediate public transparency.
  • Funds cannot be converted for personal use or private expenses unrelated to the committee's official duties.
What is the specific legal status?

The current status is Introduced.

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. Scanlon, Mary Gay [D-PA-5].

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 2025-12-31.

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