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H.R.3854 / 114th Congress

Real Time Transparency Act of 2015

Referred to the House Committee on House Administration.

Official summary

Version 00 · Introduced in House · Oct 28, 2015

Real Time Transparency Act of 2015

This bill amends the Federal Election Campaign Act of 1971 to revise the requirement of a 48-hour notification of a campaign contribution of $1,000 or more to the Federal Election Commission (FEC) and certain other officials by the principal campaign committee of a candidate for federal office.

(Currently, a candidate's principal campaign committee is required to give a written 48-hour notification to the Secretary of the Senate or the FEC, and the Secretary of State, as appropriate, after the receipt of any contribution of $1,000 or more by any authorized committee of such candidate after the 20th day, but more than 48 hours before, any election.)

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This requirement, with certain additions, shall now apply to any political committee, not just a candidate's principal campaign committee, regarding cumulative contributions (instead of single contributions) of $1,000 or more from any contributor during a calendar year. A report shall now be made only to the FEC.

Any amount transferred by a joint fundraising committee established by a candidate's authorized committee to any other authorized committee of that candidate shall be treated as a contribution by the joint fundraising committee to such authorized committee (and thus subject to the 48-hour notification requirement).

Senate candidates must file designations, statements, and reports directly with the FEC (instead of via the Secretary of the Senate, as currently required).

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Who introduced it

Rep. O'Rourke, Beto [D-TX-16] · D–TX

Committees

  • Committee on House Administration
0 cosponsorship records, including any withdrawals

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    1. Referred to the House Committee on House Administration.

    2. Introduced in House

    3. Introduced in House

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