Title: Inaugural Committee Transparency Act of 2018
Policy area: Government Operations and Politics

Summary:
Inaugural Committee Transparency Act of 2018
This bill requires the presidential inaugural committee to disclose to the Federal Election Commission, by 90 days after the presidential inaugural ceremony, any disbursement made in an amount equal to or greater than $200 and the purpose of each disbursement. The committee must also disclose the name and address of the person to whom the disbursement was made, the date of the disbursement, and the total amount and purpose of the disbursement.
The committee must disburse any remaining donated funds not later than 90 days after the inaugural ceremony, but may request an extension of such 90-day period.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. 2695 Introduced in Senate (IS)]

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115th CONGRESS
  2d Session
                                S. 2695

    To require additional disclosures relating to donations to the 
       Presidential Inaugural Committee, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             April 18, 2018

   Ms. Cortez Masto (for herself, Mr. Whitehouse, Ms. Klobuchar, Mr. 
  Markey, Mr. Udall, Ms. Warren, Mr. Blumenthal, and Mrs. Feinstein) 
introduced the following bill; which was read twice and referred to the 
                       Committee on the Judiciary

_______________________________________________________________________

                                 A BILL


 
    To require additional disclosures relating to donations to the 
       Presidential Inaugural Committee, and for other purposes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Inaugural Committee Transparency Act 
of 2018''.

SEC. 2. DISCLOSURE OF CERTAIN DONATIONS TO AND SPENDING BY THE 
              PRESIDENTIAL INAUGURAL COMMITTEE.

    Section 510 of title 36, United States Code, is amended--
            (1) in subsection (b)--
                    (A) in paragraph (1), by inserting ``, and 
                disclosing any disbursement made in an amount equal to 
                or greater than $200 and the purpose of each 
                disbursement''; and
                    (B) in paragraph (2)--
                            (i) in subparagraph (B), by striking 
                        ``and'' at the end;
                            (ii) in subparagraph (C), by striking the 
                        period at the end and inserting ``; and''; and
                            (iii) by adding at the end the following:
                    ``(D) for any disbursement in an amount equal to or 
                greater than $200 that is made, including any such 
                disbursement made after the end of the inaugural 
                period--
                            ``(i) the name and address of the person to 
                        whom the disbursement was made;
                            ``(ii) the date on which the disbursement 
                        was made; and
                            ``(iii) the total amount and purpose of the 
                        disbursement.''; and
            (2) by adding at the end the following:
    ``(d) Requirement.--
            ``(1) In general.--Not later than the date that is 90 days 
        after the date of the Presidential inaugural ceremony, the 
        committee shall disburse any remaining donated funds.
            ``(2) Extension.--
                    ``(A) Request.--Upon request from the Inaugural 
                Committee, the Federal Election Commission may extend 
                the 90-day period described in paragraph (1).
                    ``(B) Supplemental report.--In the case of an 
                extension under subparagraph (A), the Inaugural 
                Committee shall, not later than the last day of the 
                extension period, file a supplement to the report 
                required under subsection (b)(1).''.
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