,,ii  #aafth ,,congress  #ast ,session  
,s4 #idb  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,march #bh1         
#bjai,mr4 ,king 7for himself and ,ms4   
,warren7 introduced the following bill2 
which was read twice and referred to the
 ,committee on ,rules and               
,administration  ,a ,,bill  ,to amend   
the ,federal ,election ,campaign ,act of
 #aiga to require all political         
committees to notify the ,federal       
,election ,commission within #dh hours  
of receiving cumulative contributions of
 #a1jjj or more from any contributor    
during a calendar year1 and for other   
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,real ,time         
,transparency ,act4  #b4 #dh-;hour      
notification required for all political 
committees receiving cumulative         
contributions of #a1jjj or more during a
 year from any contributor  7a7         
,notification ,section #cjd7;a77#f77;,a7
 of the ,federal ,election ,campaign    
,act of #aiga 7#eb ,u4,s4,c4            

#cjajd7;a77#f77;,a77 is amended to read 
as follows3  7,a7 7i7 ,if a political   
committee receives an aggregate amount  
of contributions equal to or greater    
than #a1jjj from any contributor during 
a calendar year1 the committee shall    
submit a notification to the ,commission
 containing the name of the committee   
7and1 in the case of an authorized      
committee of a candidate1 the name of   
the candidate and the office sought by  
the candidate71 the identification of   
the contributor1 and the date of receipt
 and amount of the contributions        
involved4  7ii7 ,if1 at any time after a
 political committee is required to     
submit a notification under this        
subparagraph with respect to a          
contributor during a calendar year1 the 
political committee receives additional 
contributions from that contributor     
during that year1 the committee shall   
submit an additional notification under 
clause 7i7 with respect to such         
contributor each time the aggregate     

amount of the additional contributions  
received from the contributor during the
 year equals or exceeds #a1jjj          
7excluding the amount of any            
contribution for which information is   
required to be included in a previous   
notification under this subparagraph74  
7iii7 ,the political committee shall    
submit the notification required under  
this subparagraph with respect to a     
contributor--  7,i7 in the case of a    
notification described in clause 7i71   
not later than #dh hours after the date 
on which the aggregate amount of        
contributions received from the         
contributor during the calendar year    
first equals or exceeds #a1jjj2 or      
7,,ii7 in the case of an additional     
notification described in clause 7ii71  
not later than #dh hours after the date 
on which the aggregate amount of        
contributions received from the         
contributor during the calendar year for
 which information was not already      
included in a notification under this   

subparagraph first equals or exceeds    
#a1jjj4  7iv7 ,for purposes of this     
subparagraph1 any amount transferred by 
a joint fundraising committee which is  
established by an authorized committee  
of a candidate to any other authorized  
committee of that candidate shall be    
treated as a contribution by the joint  
fundraising committee to such authorized
 committee4  4  7b7 ,effective date ,the
 amendment made by subsection 7a7 shall 
apply with respect to contributions     
received by a political committee under 
the ,federal ,election ,campaign ,act of
 #aiga during #bjai or any succeeding   
year1 except that nothing in such       
amendment may be construed to require a 
political committee which does not      
receive contributions during the portion
 of #bjai which occurs after the date of
 the enactment of this ,act to meet the 
requirements of section                 
#cjd7;a77#f77;,a7 of the ,federal       
,election ,campaign ,act of #aiga1 as   
amended by subsection 7a74