Inaugural Committee Transparency Act of 2018

Bill: 115-s-2695
Sponsor: full_name: Sen. Cortez Masto, Catherine [D-NV]
Introduced: 2018-04-18
Policy area: Government Operations and Politics
Subjects: Elections, voting, political campaign regulation

Government ethics and transparency, public corruption

Presidents and presidential powers, Vice Presidents
Latest action: action_date: 2018-04-18
text: Read twice and referred to the Committee on the Judiciary.

Summaries:
action_date: 2018-04-18
action_desc: Introduced in Senate
text: <p><b>Inaugural Committee Transparency Act of 2018</b></p> <p>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.</p> <p>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.</p>

tv_txt: II 115th CONGRESS 2d Session S. 2695 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.

1. Short title This Act may be cited as the Inaugural Committee Transparency Act of 2018 . 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). .