Inaugural Committee Transparency Act of 2025
United States119th CongressS-118Senate
Updated: Jan 16, 2025
Summary
This legislation, titled the "Inaugural Committee Transparency Act of 2025," significantly enhances disclosure requirements for Presidential Inaugural Committees. It mandates that these committees report all disbursements of $200 or more , detailing the recipient's name and address, the date, total amount, and purpose, even for expenditures made after the inaugural period. The bill introduces several new prohibitions to prevent undue influence and misuse of funds. It makes it unlawful for an Inaugural Committee to solicit or accept donations from foreign nationals , and similarly prohibits foreign nationals from making such donations. Additionally, it outlaws straw donations , where a donation is made in the name of another person, and explicitly forbids the conversion of donated funds for personal use , defining personal use as fulfilling expenses unrelated to the committee's responsibilities. Finally, the Act requires Inaugural Committees to disburse any remaining donated funds to a qualified 501(c)(3) charitable organization within 90 days following the Presidential inaugural ceremony. The Federal Election Commission (FEC) may grant an extension to this 90-day period upon request, but such an extension would necessitate the filing of a supplemental report.
Bill texts
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Timeline
Read twice and referred to the Committee on the Judiciary.
Senate
Introduced in Senate
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