Inaugural Committee Transparency Act of 2025
Inaugural Committee Transparency Act of 2025
Plain Language Summary
# Inaugural Committee Transparency Act of 2025 - Plain Language Summary **What the Bill Would Do** This bill would require presidential inaugural committees to publicly disclose their spending to the Federal Election Commission. Specifically, any payment of $200 or more would need to be reported within 90 days after the inauguration, including who received the money, when, how much, and what it was for. The bill also strengthens restrictions on donations by prohibiting foreign nationals from donating to inaugural committees and banning donations made in someone else's name. Additionally, it would prohibit committee organizers from converting donations for personal use. **Who It Affects and Current Status** This legislation would apply to presidential inaugural committees and anyone who donates to them.
It affects future presidential inaugurations and the organizations that plan these events. The bill is currently in committee review in the Senate, meaning it has been introduced but not yet voted on by the full chamber. Senator Catherine Cortez Masto (D-NV) sponsored the bill.
CRS Official Summary
Inaugural Committee Transparency Act of 2025This 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 bill prohibits (1) an inaugural committee from soliciting or receiving a donation from a foreign national, in addition to the current ban on a committee accepting such a donation; (2) a person from making a donation to an inaugural committee in the name of another; (3) a foreign national from making a donation or making a promise to make a donation to such a committee; or (4) converting a donation to an inaugural committee to personal use.The committee must disburse any remaining donated funds not later than 90 days after the inaugural ceremony to tax-exempt charitable organizations, but may request an extension of such 90-day period.
Latest Action
Read twice and referred to the Committee on the Judiciary.