,i #aafth ,,congress #ast ,session ,h4 ,r4 #achb ,,in ,,the ,,house ,,of ,,representatives ,february #bf1 #bjai,ms4 ,scanlon 7for herself1 ,mr4 ,sarbanes1 ,mr4 ,serrano1 and ,mr4 ,brendan ,f4 ,boyle of ,pennsylvania7 introduced the following bill2 which was referred to the ,committee on ,house ,administration1 and in addition to the ,committee on ,oversight and ,reform1 for a period to be subsequently determined by the ,speaker1 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 #aiga to prohibit certain donations to ,inaugural ,committees1 to establish limitations on donations to ,inaugural ,committees1 to require certain reporting by ,inaugural ,committees1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,inaugural ,fund ,integrity ,act4 #b4 ,limitations and disclosure of certain donations to1 and disbursements by1 ,inaugural ,committees 7a7 ,requirements for ,inaugural ,committees ,title ,,iii of the ,federal ,election ,campaign ,act of #aiga 7#eb ,u4,s4,c4 #cjaja et seq47 is amended by adding at the end the following new section3 #cbe4 ,inaugural committees 7a7 ,prohibited donations 7#a7 ,in general ,it shall be unlawful-- 7,a7 for an ,inaugural ,committee-- 7i7 to solicit1 accept1 or receive a donation from a person that is not an individual2 or 7ii7 to solicit1 accept1 or receive a donation from a foreign national2 7,b7 for a person-- 7i7 to make a donation to an ,inaugural ,committee in the name of another person1 or to knowingly authorize his or her name to be used to effect such a donation2 7ii7 to knowingly accept a donation to an ,inaugural ,committee made by a person in the name of another person2 or 7iii7 to convert a donation to an ,inaugural ,committee to personal use as described in paragraph 7#b72 and 7,c7 for a foreign national to1 directly or indirectly1 make a donation1 or make an express or implied promise to make a donation1 to an ,inaugural ,committee4 7#b7 ,conversion of donation to personal use ,for purposes of paragraph 7#a77;,b77iii71 a donation shall be considered to be converted to personal use if any part of the donated amount is used to fulfill a commitment1 obligation1 or expense of a person that would exist irrespective of the responsibilities of the ,inaugural ,committee under chapter #e of title #cf1 ,united ,states ,code4 7#c7 ,no effect on disbursement of unused funds to nonprofit organizations ,nothing in this subsection may be construed to prohibit an ,inaugural ,committee from disbursing unused funds to an organization which is described in section #eja7;c77#c7 of the ,internal ,revenue ,code of #aihf and is exempt from taxation under section #eja7;a7 of such ,code4 7b7 ,limitation on donations 7#a7 ,in general ,it shall be unlawful for an individual to make donations to an ,inaugural ,committee which1 in the aggregate1 exceed #ej1jjj4 7#b7 ,indexing ,at the beginning of each ,presidential election year 7beginning with #bjbd71 the amount described in paragraph 7#a7 shall be increased by the cumulative percent difference determined in section #cae7;c77#a77;,a7 since the previous ,presidential election year4 ,if any amount after such increase is not a multiple of #a1jjj1 such amount shall be rounded to the nearest multiple of #a1jjj4 7c7 ,disclosure of certain donations and disbursements 7#a7 ,donations over #a1jjj 7,a7 ,in general ,an ,inaugural ,committee shall file with the ,commission a report disclosing any donation by an individual to the committee in an amount of #a1jjj or more not later than #bd hours after the receipt of such donation4 7,b7 ,contents of report ,a report filed under subparagraph 7,a7 shall contain-- 7i7 the amount of the donation2 7ii7 the date the donation is received2 and 7iii7 the name and address of the individual making the donation4 7#b7 ,final report ,not later than the date that is #ij days after the date of the ,presidential inaugural ceremony1 the ,inaugural ,committee shall file with the ,commission a report containing the following information3 7,a7 ,for each donation of money or anything of value made to the committee in an aggregate amount equal to or greater than #bjj-- 7i7 the amount of the donation2 7ii7 the date the donation is received2 and 7iii7 the name and address of the individual making the donation4 7,b7 ,the total amount of all disbursements1 and all disbursements in the following categories3 7i7 ,disbursements made to meet committee operating expenses4 7ii7 ,repayment of all loans4 7iii7 ,donation refunds and other offsets to donations4 7iv7 ,any other disbursements4 7,c7 ,the name and address of each person-- 7i7 to whom a disbursement in an aggregate amount or value in excess of #bjj is made by the committee to meet a committee operating expense1 together with date1 amount1 and purpose of such operating expense2 7ii7 who receives a loan repayment from the committee1 together with the date and amount of such loan repayment2 7iii7 who receives a donation refund or other offset to donations from the committee1 together with the date and amount of such disbursement2 and 7iv7 to whom any other disbursement in an aggregate amount or value in excess of #bjj is made by the committee1 together with the date and amount of such disbursement4 7d7 ,definitions ,for purposes of this section3 7#a7 7,a7 ,the term donation includes-- 7i7 any gift1 subscription1 loan1 advance1 or deposit of money or anything of value made by any person to the committee2 or 7ii7 the payment by any person of compensation for the personal services of another person which are rendered to the committee without charge for any purpose4 7,b7 ,the term donation does not include the value of services provided without compensation by any individual who volunteers on behalf of the committee4 7#b7 ,the term foreign national has the meaning given that term by section #cai7;b74 7#c7 ,the term ,inaugural ,committee has the meaning given that term by section #eja of title #cf1 ,united ,states ,code4 4 7b7 ,confirming amendment related to reporting requirements ,section #cjd of the ,federal ,election ,campaign ,act 7#eb ,u4,s4,c4 #cjajd7 is amended-- 7#a7 by striking subsection 7h72 and 7#b7 by redesignating subsection 7i7 as subsection 7h74 7c7 ,conforming amendment related to status of committee ,section #eaj of title #cf1 ,united ,states ,code1 is amended to read as follows3 #eaj4 ,disclosure of and prohibition on certain donations ,a committee shall not be considered to be the ,inaugural ,committee for purposes of this chapter unless the committee agrees to1 and meets1 the requirements of section #cbe of the ,federal ,election ,campaign ,act of #aiga4 4 7d7 ,effective date ,the amendments made by this ,act shall apply with respect to ,inaugural ,committees established under chapter #e of title #cf1 ,united ,states ,code1 for inaugurations held in #bjba and any succeeding year4