I 

115TH CONGRESS 

2D SESSION H. R. 5008 

To amend title 36, United States Code, to require Presidential Inaugural 

Committees to file disbursement reports with the Federal Election Commission, to prohibit such Committees from disbursing funds for purposes 

unrelated to the inauguration of the President, to require such Committees to donate any Committee funds which remain available at the time 

the Committee terminates, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

FEBRUARY 13, 2018 

Mr. SCHRADER introduced the following bill; which was referred to the 

Committee on Oversight and Government Reform 

A BILL 

To amend title 36, United States Code, to require Presidential Inaugural Committees to file disbursement reports with the Federal Election Commission, to prohibit 

such Committees from disbursing funds for purposes unrelated to the inauguration of the President, to require 

such Committees to donate any Committee funds which 

remain available at the time the Committee terminates, 

and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 


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1 SECTION 1. SHORT TITLE. 

2 This Act may be cited as the ‘‘Presidential Inaugural 

3 Committee Oversight Act’’. 

4 SEC. 2. DISCLOSURE REQUIREMENTS AND PROHIBITIONS 

5 RELATING TO DISBURSEMENTS BY PRESI6 DENTIAL INAUGURAL COMMITTEES. 

7 (a) DISCLOSURE REPORTS BY COMMITTEES.— 

8 (1) REQUIREMENTS.—Chapter 5 of title 36, 

9 United States Code, is amended— 

10 (A) by redesignating section 511 as section 

11 512; and 

12 (B) by inserting after section 510 the fol13 lowing new section: 

14 ‘‘§ 511. Disclosure of and prohibition against certain 

15 disbursements 

16 ‘‘(a) IN GENERAL.—A committee shall not be consid17 ered to be the Inaugural Committee for purposes of this 

18 chapter unless the committee agrees to, and meets, the 

19 requirements of this section. 

20 ‘‘(b) DISCLOSURE OF DISBURSEMENTS.— 

21 ‘‘(1) INITIAL DISBURSEMENT REPORT.—Not 

22 later than the date that is 90 days after the date of 

23 the Presidential inaugural ceremony, the Committee 

24 shall file an initial disbursement report with the 

25 Federal Election Commission under this subsection. 


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1 ‘‘(2) SUBSEQUENT DISBURSEMENT REPORTS.— 

2 After filing the initial disbursement report described 

3 in paragraph (1), the Committee shall file subse4 quent disbursement reports with the Federal Elec5 tion Commission under this subsection not later 

6 than 60 days after each date by which the Com7 mittee makes additional disbursements in an aggre8 gate amount or value equal to or greater than 

9 $100,000. 

10 ‘‘(3) CONTENTS OF REPORT.—In each disburse11 ment report filed under this subsection, the Com12 mittee shall disclose each disbursement of money or 

13 anything of value made by the Committee to any 

14 person in an aggregate amount or value equal to or 

15 greater than $200 since the most recent report filed 

16 by the Committee under this subsection, and shall 

17 include the following information with respect to 

18 each such disbursement: 

19 ‘‘(A) The amount, purpose, and date of the 

20 disbursement. 

21 ‘‘(B) The name and address of the recipi22 ent of the disbursement. 

23 ‘‘(C) If the disbursement is made to repay 

24 a loan, the amount of the loan and the amount 

25 of any remaining balance on the loan. 


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1 ‘‘(D) If the disbursement is made to re2 fund a donation or to offset a portion of a do3 nation, the name of the donor and the amount 

4 of the donation. 

5 ‘‘(E) Whether or not the disbursement is 

6 made with surplus funds of the committee, and 

7 if so, the amount of any remaining surplus 

8 funds of the committee. 

9 ‘‘(c) FORMAT OF REPORTS.—The Committee shall 

10 ensure that each report filed under this section is in a 

11 searchable and sortable format. 

12 ‘‘(d) PROHIBITING DISBURSEMENTS FOR PURPOSES

13 UNRELATED TO INAUGURATION.—The Committee may 

14 make disbursements only to cover the reasonable oper15 ating expenses of the Committee, and may not make any 

16 disbursement for any purpose which is unrelated to the 

17 Presidential inaugural ceremony and functions and activi18 ties connected with the ceremony except as provided under 

19 subsection (e). 

20 ‘‘(e) REQUIRING DONATION OF FUNDS REMAINING

21 UPON TERMINATION.—If any funds of the Committee re22 main available at the time of the termination of the Com23 mittee, the Committee shall donate such funds to an orga24 nization described in section 501(c)(3) of the Internal 


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1 Revenue Code of 1986 and exempt from taxation under 

2 section 501(a) of such Code.’’. 

3 (2) CLERICAL AMENDMENT.—The table of sec4 tions of chapter 5 of such title is amended— 

5 (A) by redesignating the item relating to 

6 section 511 as relating to section 512; and 

7 (B) by inserting after the item relating to 

8 section 510 the following new item: 

‘‘511. Disclosure of and prohibition against certain disbursements.’’. 

9 (b) CONFORMING AMENDMENT RELATING TO PUB10 LIC AVAILABILITY OF REPORTS.—Section 304(h) of the 

11 Federal Election Campaign Act of 1971 (52 U.S.C. 

12 30104(h)) is amended by striking ‘‘section 510’’ and in13 serting ‘‘section 510 or section 511’’. 

14 (c) EFFECTIVE DATE.—The amendments made by 

15 this Act shall apply with respect to Presidential Inaugural 

16 Committees established under chapter 5 of title 36, United 

17 States Code, for inaugurations held in 2021 and any suc18 ceeding year. 

Æ 


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