119-hr535

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 535 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 535

To amend the Federal Election Campaign Act of 1971 to prohibit certain 
 donations to Inaugural Committees, to establish limitations on 
 donations to Inaugural Committees, to require certain reporting by 
 Inaugural Committees, and for other purposes.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 January 16, 2025

Ms. Scanlon (for herself, Ms. Norton, Ms. Tlaib, Mr. Tonko, Mr. Mullin, 
 Mr. Johnson of Georgia, Ms. Balint, Mr. Raskin, Mr. Carson, Ms. 
Crockett, Ms. Ocasio-Cortez, and Mr. Morelle) introduced the following 
bill; which was referred to the Committee on House Administration, and 
in addition to the Committee on Oversight and Government Reform, for a 
 period to be subsequently determined by the Speaker, in each case for 
consideration of such provisions as fall within the jurisdiction of the 
 committee concerned

_______________________________________________________________________

 A BILL

To amend the Federal Election Campaign Act of 1971 to prohibit certain 
 donations to Inaugural Committees, to establish limitations on 
 donations to Inaugural Committees, to require certain reporting by 
 Inaugural Committees, 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 Fund Integrity Act''.

SEC. 2. LIMITATIONS AND DISCLOSURE OF CERTAIN DONATIONS TO, AND 
 DISBURSEMENTS BY, INAUGURAL COMMITTEES.

    (a) Requirements for Inaugural Committees.--Title III of the 
Federal Election Campaign Act of 1971 (52 U.S.C. 30101 et seq.) is 
amended by adding at the end the following new section:

``

SEC. 325. INAUGURAL COMMITTEES.

 ``

    (a) Prohibited Donations.--
 ``

    (1) In general.--It shall be unlawful--
 ``
        (A) for an Inaugural Committee--
 ``
            (i) to solicit, accept, or receive a 
 donation from a person that is not an 
 individual; or
 ``
            (ii) to solicit, accept, or receive a 
 donation from a foreign national;
 ``
        (B) for a person--
 ``
            (i) to make a donation to an Inaugural 
 Committee in the name of another person, or to 
 knowingly authorize his or her name to be used 
 to effect such a donation;
 ``
            (ii) to knowingly accept a donation to an 
 Inaugural Committee made by a person in the 
 name of another person; or
 ``
            (iii) to convert a donation to an 
 Inaugural Committee to personal use as 
 described in paragraph

    (2) ; and
 ``
            (C) for a foreign national to, directly or 
 indirectly, make a donation, or make an express or 
 implied promise to make a donation, to an Inaugural 
 Committee.
 ``

    (2) Conversion of donation to personal use.--For purposes 
 of paragraph

    (1)
        (B)
            (iii) , a donation shall be considered to be 
 converted to personal use if any part of the donated amount is 
 used to fulfill a commitment, obligation, or expense of a 
 person that would exist irrespective of the responsibilities of 
 the Inaugural Committee under chapter 5 of title 36, United 
 States Code.
 ``

    (3) No effect on disbursement of unused funds to 
 nonprofit organizations.--Nothing in this subsection may be 
 construed to prohibit an Inaugural Committee from disbursing 
 unused funds to an organization which is described in 

section 501
            (c) (3) of the Internal Revenue Code of 1986 and is exempt 
 from taxation under 

section 501

    (a) of such Code.
 ``

    (b) Limitation on Donations.--
 ``

    (1) In general.--It shall be unlawful for an individual 
 to make donations to an Inaugural Committee which, in the 
 aggregate, exceed $50,000.
 ``

    (2) Indexing.--At the beginning of each Presidential 
 election year (beginning with 2032), the amount described in 
 paragraph

    (1) shall be increased by the cumulative percent 
 difference determined in 

section 315
            (c) (1)
        (A) since the 
 previous Presidential election year. If any amount after such 
 increase is not a multiple of $1,000, such amount shall be 
 rounded to the nearest multiple of $1,000.
 ``
            (c) Disclosure of Certain Donations and Disbursements.--
 ``

    (1) Donations over $1,000.--
 ``
        (A) In general.--An Inaugural Committee shall 
 file with the Commission a report disclosing any 
 donation by an individual to the committee in an amount 
 of $1,000 or more not later than 24 hours after the 
 receipt of such donation.
 ``
        (B) Contents of report.--A report filed under 
 subparagraph
        (A) shall contain--
 ``
            (i) the amount of the donation;
 ``
            (ii) the date the donation is received; 
 and
 ``
            (iii) the name and address of the 
 individual making the donation.
 ``

    (2) Final report.--Not later than the date that is 90 
 days after the date of the Presidential inaugural ceremony, the 
 Inaugural Committee shall file with the Commission a report 
 containing the following information:
 ``
        (A) For each donation of money or anything of 
 value made to the committee in an aggregate amount 
 equal to or greater than $200--
 ``
            (i) the amount of the donation;
 ``
            (ii) the date the donation is received; 
 and
 ``
            (iii) the name and address of the 
 individual making the donation.
 ``
        (B) The total amount of all disbursements, and 
 all disbursements in the following categories:
 ``
            (i) Disbursements made to meet committee 
 operating expenses.
 ``
            (ii) Repayment of all loans.
 ``
            (iii) Donation refunds and other offsets 
 to donations.
 ``
            (iv) Any other disbursements.
 ``
            (C) The name and address of each person--
 ``
            (i) to whom a disbursement in an 
 aggregate amount or value in excess of $200 is 
 made by the committee to meet a committee 
 operating expense, together with date, amount, 
 and purpose of such operating expense;
 ``
            (ii) who receives a loan repayment from 
 the committee, together with the date and 
 amount of such loan repayment;
 ``
            (iii) who receives a donation refund or 
 other offset to donations from the committee, 
 together with the date and amount of such 
 disbursement; and
 ``
            (iv) to whom any other disbursement in an 
 aggregate amount or value in excess of $200 is 
 made by the committee, together with the date 
 and amount of such disbursement.
 ``
            (d) === Definitions. ===
-For purposes of this section:
 ``

    (1)
        (A) The term `donation' includes--
 ``
            (i) any gift, subscription, loan, advance, or 
 deposit of money or anything of value made by any 
 person to the committee; or
 ``
            (ii) the payment by any person of compensation 
 for the personal services of another person which are 
 rendered to the committee without charge for any 
 purpose.
 ``
        (B) The term `donation' does not include the value of 
 services provided without compensation by any individual who 
 volunteers on behalf of the committee.
 ``

    (2) The term `foreign national' has the meaning given 
 that term by 

section 319

    (b) .
 ``

    (3) The term `Inaugural Committee' has the meaning given 
 that term by 

section 501 of title 36, United States Code.''.

    (b) Confirming Amendment Related to Reporting Requirements.--

Section 304 of the Federal Election Campaign Act (52 U.S.C. 30104) is 
amended--

    (1) by striking subsection

    (h) ; and

    (2) by redesignating subsection
            (i) as subsection

    (h) .
            (c) Conforming Amendment Related to Status of Committee.--

Section 510 of title 36, United States Code, is amended to read as follows:
``

Sec. 510. Disclosure of and prohibition on certain donations
 ``A committee shall not be considered to be the Inaugural Committee 
for purposes of this chapter unless the committee agrees to, and meets, 
the requirements of 

section 325 of the Federal Election Campaign Act of 
1971.''.
            (d) Effective Date.--The amendments made by this Act shall apply 
with respect to Inaugural Committees established under chapter 5 of 
title 36, United States Code, for inaugurations held in 2029 and any 
succeeding year.
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