,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #baj  ,,in ,,the ,,house ,,of   
,,representatives  ,january #c1         
#bjai,mr4 ,schrader introduced the      
following bill2 which was referred to   
the ,committee on ,oversight and ,reform
  ,a ,,bill  ,to amend title #cf1       
,united ,states ,code1 to require       
,presidential ,inaugural ,committees to 
file disbursement reports with the      
,federal ,election ,commission1 to      
prohibit such ,committees from          
disbursing funds for purposes unrelated 
to the inauguration of the ,president1  
to require such ,committees to donate   
any ,committee funds which remain       
available at the time the ,committee    
terminates1 and for other purposes4  #a4
 ,short title ,this ,act may be cited as
 the ,presidential ,inaugural ,committee
 ,oversight ,act4  #b4 ,disclosure      
requirements and prohibitions relating  
to disbursements by ,presidential       
,inaugural ,committees  7a7 ,disclosure 
reports by ,committees  7#a7            

,requirements ,chapter #e of title #cf1 
,united ,states ,code1 is amended--     
7,a7 by redesignating section #eaa as   
section #eab2 and  7,b7 by inserting    
after section #eaj the following new    
section3  #eaa4 ,disclosure of and      
prohibition against certain             
disbursements  7a7 ,in general ,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 this section4  7b7 ,disclosure of    
disbursements  7#a7 ,initial            
disbursement report ,not later than the 
date that is #ij days after the date of 
the ,presidential inaugural ceremony1   
the ,committee shall file an initial    
disbursement report with the ,federal   
,election ,commission under this        
subsection4  7#b7 ,subsequent           
disbursement reports ,after filing the  
initial disbursement report described in
 paragraph 7#a71 the ,committee shall   
file subsequent disbursement reports    

with the ,federal ,election ,commission 
under this subsection not later than #fj
 days after each date by which the      
,committee makes additional             
disbursements in an aggregate amount or 
value equal to or greater than #ajj1jjj4
  7#c7 ,contents of report ,in each     
disbursement report filed under this    
subsection1 the ,committee shall        
disclose each disbursement of money or  
anything of value made by the ,committee
 to any person in an aggregate amount or
 value equal to or greater than #bjj    
since the most recent report filed by   
the ,committee under this subsection1   
and shall include the following         
information with respect to each such   
disbursement3  7,a7 ,the amount1        
purpose1 and date of the disbursement4  
7,b7 ,the name and address of the       
recipient of the disbursement4  7,c7 ,if
 the disbursement is made to repay a    
loan1 the amount of the loan and the    
amount of any remaining balance on the  
loan4  7,d7 ,if the disbursement is made

 to refund a donation or to offset a    
portion of a donation1 the name of the  
donor and the amount of the donation4   
7,e7 ,whether or not the disbursement is
 made with surplus funds of the         
committee1 and if so1 the amount of any 
remaining surplus funds of the          
committee4  7c7 ,format of reports ,the 
,committee shall ensure that each report
 filed under this section is in a       
searchable and sortable format4  7d7    
,prohibiting disbursements for purposes 
unrelated to inauguration ,the          
,committee may make disbursements only  
to cover the reasonable operating       
expenses of the ,committee1 and may not 
make any disbursement for any purpose   
which is unrelated to the ,presidential 
inaugural ceremony and functions and    
activities connected with the ceremony  
except as provided under subsection 7e74
  7e7 ,requiring donation of funds      
remaining upon termination ,if any funds
 of the ,committee remain available at  
the time of the termination of the      

,committee1 the ,committee shall donate 
such funds to an organization described 
in section #eja7;c77#c7 of the ,internal
 ,revenue ,code of #aihf and exempt from
 taxation under section #eja7;a7 of such
 ,code4  4  7#b7 ,clerical amendment    
,the table of sections of chapter #e of 
such title is amended-- 7,a7 by         
redesignating the item relating to      
section #eaa as relating to section     
#eab2 and  7,b7 by inserting after the  
item relating to section #eaj the       
following new item3  #eaa4 ,disclosure  
of and prohibition against certain      
disbursements4  4  7b7 ,conforming      
amendment relating to public            
availability of reports ,section        
#cjd7;h7 of the ,federal ,election      
,campaign ,act of #aiga 7#eb ,u4,s4,c4  
#cjajd7;h77 is amended by striking      
section #eaj and inserting section #eaj 
or section #eaa4  7c7 ,effective date   
,the amendments made by this ,act shall 
apply with respect to ,presidential     
,inaugural ,committees established under

 chapter #e of title #cf1 ,united       
,states ,code1 for inaugurations held in
 #bjba and any succeeding year4