Ask AI
S. 942

Real Time Transparency Act

Real Time Transparency Act

This bill revises the notification requirement for campaign contributions of $1,000 or more. The bill applies this requirement to (1) any political committee, not just a candidate's principal campaign committee; and (2) cumulative contributions of $1,000 or more during a calendar year, instead of only single contributions. Only the Federal Election Commission (FEC) must be notified, instead of the FEC and others.

Any amount transferred by a joint fundraising committee established by a candidate's authorized committee to any other authorized committee of that candidate shall be treated as a contribution.

Read twice and referred to the Committee on Rules and Administration.

Sen. King, Angus S., Jr. [I-ME](I-ME)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions1related bills2subjects
  1. IntroReferral

    Read twice and referred to the Committee on Rules and Administration.

    Rules and Administration Committee
  2. IntroReferral10000

    Introduced in Senate

Real Time Transparency Act — Informed