Section 1 Short title
This Act may be cited as the “Campaign Transparency Act”.
Campaign Transparency Act
A BILL
To amend the Federal Election Campaign Act of 1971 to eliminate the thresholds for reporting the identification of persons making contributions to political committees with respect to elections for Federal office.
Sec. 2 Elimination of thresholds for reporting identification of persons making contributions to political committees in Federal elections
Identification of persons making contributions— Section 304(b)(3) of the Federal Election Campaign Act of 1971 (52 U.S.C. 30104(b)(3)) is amended—
in subparagraph (A), by striking “whose contribution or contributions have an aggregate amount or value in excess of $200 within the calendar year (or election cycle, in the case of an authorized committee of a candidate for Federal office), or in any lesser amount if the reporting committee should so elect,”;
in subparagraph (F), by striking “in an aggregate amount or value in excess of $200 within the calendar year (or election cycle, in the case of an authorized committee of a candidate for Federal office)”; and
in subparagraph (G), by striking “in an aggregate value or amount in excess of $200 within the calendar year (or election cycle, in the case of an authorized committee of a candidate for Federal office)”.
Effective Date— The amendments made by this Act shall apply with respect to reports required to be filed under section 304 of the Federal Election Campaign Act of 1971 (52 U.S.C. 30104) on or after the date of the enactment of this Act.