Summary: S.942 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.942. Bill summaries are authored by CRS.

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Introduced in Senate (03/28/2019)

Real Time Transparency Act

This bill revises the notification requirement for campaign contributions of $1,000 or more. The bill applies this requirement to (1) any political committee, not just a candidate's principal campaign committee; and (2) cumulative contributions of $1,000 or more during a calendar year, instead of only single contributions. Only the Federal Election Commission (FEC) must be notified, instead of the FEC and others.

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.