Us Congress 2025-2026 Regular Session

Us Congress House Bill HB535 Latest Draft

Bill / Introduced Version Filed 02/13/2025

                            I 
119THCONGRESS 
1
STSESSION 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 Com-
mittees, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JANUARY16, 2025 
Ms. S
CANLON(for herself, Ms. NORTON, Ms. TLAIB, Mr. TONKO, Mr. 
M
ULLIN, Mr. JOHNSONof Georgia, Ms. BALINT, Mr. RASKIN, Mr. CAR-
SON, Ms. CROCKETT, Ms. OCASIO-CORTEZ, and Mr. MORELLE) intro-
duced the following bill; which was referred to the Committee on House 
Administration, and in addition to the Committee on Oversight and Gov-
ernment 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 Commit-
tees, to require certain reporting by Inaugural Commit-
tees, and for other purposes. 
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
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SECTION 1. SHORT TITLE. 1
This Act may be cited as the ‘‘Inaugural Fund Integ-2
rity Act’’. 3
SEC. 2. LIMITATIONS AND DISCLOSURE OF CERTAIN DONA-4
TIONS TO, AND DISBURSEMENTS BY, INAU-5
GURAL COMMITTEES. 6
(a) R
EQUIREMENTS FOR INAUGURAL COMMIT-7
TEES.—Title III of the Federal Election Campaign Act 8
of 1971 (52 U.S.C. 30101 et seq.) is amended by adding 9
at the end the following new section: 10
‘‘SEC. 325. INAUGURAL COMMITTEES. 11
‘‘(a) P
ROHIBITEDDONATIONS.— 12
‘‘(1) I
N GENERAL.—It shall be unlawful— 13
‘‘(A) for an Inaugural Committee— 14
‘‘(i) to solicit, accept, or receive a do-15
nation from a person that is not an indi-16
vidual; or 17
‘‘(ii) to solicit, accept, or receive a do-18
nation from a foreign national; 19
‘‘(B) for a person— 20
‘‘(i) to make a donation to an Inau-21
gural Committee in the name of another 22
person, or to knowingly authorize his or 23
her name to be used to effect such a dona-24
tion; 25
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‘‘(ii) to knowingly accept a donation 1
to an Inaugural Committee made by a per-2
son in the name of another person; or 3
‘‘(iii) to convert a donation to an In-4
augural Committee to personal use as de-5
scribed in paragraph (2); and 6
‘‘(C) for a foreign national to, directly or 7
indirectly, make a donation, or make an express 8
or implied promise to make a donation, to an 9
Inaugural Committee. 10
‘‘(2) C
ONVERSION OF DONATION TO PERSONAL 11
USE.—For purposes of paragraph (1)(B)(iii), a do-12
nation shall be considered to be converted to per-13
sonal use if any part of the donated amount is used 14
to fulfill a commitment, obligation, or expense of a 15
person that would exist irrespective of the respon-16
sibilities of the Inaugural Committee under chapter 17
5 of title 36, United States Code. 18
‘‘(3) N
O EFFECT ON DISBURSEMENT OF UN -19
USED FUNDS TO NONPROFIT ORGANIZATIONS .— 20
Nothing in this subsection may be construed to pro-21
hibit an Inaugural Committee from disbursing un-22
used funds to an organization which is described in 23
section 501(c)(3) of the Internal Revenue Code of 24
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•HR 535 IH
1986 and is exempt from taxation under section 1
501(a) of such Code. 2
‘‘(b) L
IMITATION ONDONATIONS.— 3
‘‘(1) I
N GENERAL.—It shall be unlawful for an 4
individual to make donations to an Inaugural Com-5
mittee which, in the aggregate, exceed $50,000. 6
‘‘(2) I
NDEXING.—At the beginning of each 7
Presidential election year (beginning with 2032), the 8
amount described in paragraph (1) shall be in-9
creased by the cumulative percent difference deter-10
mined in section 315(c)(1)(A) since the previous 11
Presidential election year. If any amount after such 12
increase is not a multiple of $1,000, such amount 13
shall be rounded to the nearest multiple of $1,000. 14
‘‘(c) D
ISCLOSURE OFCERTAINDONATIONS ANDDIS-15
BURSEMENTS.— 16
‘‘(1) D
ONATIONS OVER $1,000.— 17
‘‘(A) I
N GENERAL.—An Inaugural Com-18
mittee shall file with the Commission a report 19
disclosing any donation by an individual to the 20
committee in an amount of $1,000 or more not 21
later than 24 hours after the receipt of such do-22
nation. 23
‘‘(B) C
ONTENTS OF REPORT .—A report 24
filed under subparagraph (A) shall contain— 25
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‘‘(i) the amount of the donation; 1
‘‘(ii) the date the donation is received; 2
and 3
‘‘(iii) the name and address of the in-4
dividual making the donation. 5
‘‘(2) F
INAL REPORT.—Not later than the date 6
that is 90 days after the date of the Presidential in-7
augural ceremony, the Inaugural Committee shall 8
file with the Commission a report containing the fol-9
lowing information: 10
‘‘(A) For each donation of money or any-11
thing of value made to the committee in an ag-12
gregate amount equal to or greater than 13
$200— 14
‘‘(i) the amount of the donation; 15
‘‘(ii) the date the donation is received; 16
and 17
‘‘(iii) the name and address of the in-18
dividual making the donation. 19
‘‘(B) The total amount of all disburse-20
ments, and all disbursements in the following 21
categories: 22
‘‘(i) Disbursements made to meet 23
committee operating expenses. 24
‘‘(ii) Repayment of all loans. 25
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‘‘(iii) Donation refunds and other off-1
sets to donations. 2
‘‘(iv) Any other disbursements. 3
‘‘(C) The name and address of each per-4
son— 5
‘‘(i) to whom a disbursement in an ag-6
gregate amount or value in excess of $200 7
is made by the committee to meet a com-8
mittee operating expense, together with 9
date, amount, and purpose of such oper-10
ating expense; 11
‘‘(ii) who receives a loan repayment 12
from the committee, together with the date 13
and amount of such loan repayment; 14
‘‘(iii) who receives a donation refund 15
or other offset to donations from the com-16
mittee, together with the date and amount 17
of such disbursement; and 18
‘‘(iv) to whom any other disbursement 19
in an aggregate amount or value in excess 20
of $200 is made by the committee, to-21
gether with the date and amount of such 22
disbursement. 23
‘‘(d) D
EFINITIONS.—For purposes of this section: 24
‘‘(1)(A) The term ‘donation’ includes— 25
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‘‘(i) any gift, subscription, loan, advance, 1
or deposit of money or anything of value made 2
by any person to the committee; or 3
‘‘(ii) the payment by any person of com-4
pensation for the personal services of another 5
person which are rendered to the committee 6
without charge for any purpose. 7
‘‘(B) The term ‘donation’ does not include the 8
value of services provided without compensation by 9
any individual who volunteers on behalf of the com-10
mittee. 11
‘‘(2) The term ‘foreign national’ has the mean-12
ing given that term by section 319(b). 13
‘‘(3) The term ‘Inaugural Committee’ has the 14
meaning given that term by section 501 of title 36, 15
United States Code.’’. 16
(b) C
ONFIRMINGAMENDMENT RELATED TO RE-17
PORTINGREQUIREMENTS.—Section 304 of the Federal 18
Election Campaign Act (52 U.S.C. 30104) is amended— 19
(1) by striking subsection (h); and 20
(2) by redesignating subsection (i) as subsection 21
(h). 22
(c) C
ONFORMINGAMENDMENTRELATED TOSTATUS 23
OFCOMMITTEE.—Section 510 of title 36, United States 24
Code, is amended to read as follows: 25
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‘‘§ 510. Disclosure of and prohibition on certain dona-1
tions 2
‘‘A committee shall not be considered to be the Inau-3
gural Committee for purposes of this chapter unless the 4
committee agrees to, and meets, the requirements of sec-5
tion 325 of the Federal Election Campaign Act of 1971.’’. 6
(d) E
FFECTIVEDATE.—The amendments made by 7
this Act shall apply with respect to Inaugural Committees 8
established under chapter 5 of title 36, United States 9
Code, for inaugurations held in 2029 and any succeeding 10
year. 11
Æ 
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