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.

Presidential Inaugural Committee Oversight Act This bill requires disbursements by presidential inaugural committees to be reasonable, related to the inaugural ceremony, and reported to the Federal Election Commission (FEC). Currently, there are no restrictions on disbursements and committees must report donations to the FEC, but not disbursements. Upon termination, a committee's remaining funds must be donated to charity.