Disclose act of 2026
Disclose Act of 2026
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
The Disclose Act of 2026 aims to increase transparency in campaign finance by expanding restrictions on foreign money in elections, requiring disclosures of campaign expenditures from covered organizations, and mandating disclosures regarding political advertisements. Specifically, it prohibits foreign nationals from contributing to ballot initiatives and referenda, makes it unlawful to establish entities to conceal contributions, and requires organizations to report expenditures of over $10,000 within 24 hours. The bill also includes provisions to study illicit foreign money in elections and to require disclosure of the largest donors behind political advertisements.
Key provisions
- Expands the prohibition on foreign money to include disbursements for web-based and judicial nomination communications.
- Requires covered organizations (corporations, labor organizations, etc.) to file reports disclosing campaign expenditures over $10,000 within 24 hours.
- Mandates disclosure of donors behind political advertisements, including the largest contributors.
- Creates a study by the Government Accountability Office to assess the incidence of illicit foreign money in federal elections.
- Prohibits the establishment or use of entities to conceal foreign national contributions.
- Prohibits foreign nationals from contributing to campaigns related to ballot initiatives and referenda.
- Requires organizations to disclose information about the sources of their funding, including the Top Five Funders list.
- Establishes a process for determining whether a communication qualifies for expanded disclaimer requirements.
Bill text
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Sponsors
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47 on record
Primary sponsor
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