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Real Time Transparency Act
Legislative Progress
Introduced
October 28, 2015
Latest Action
October 28, 2015
Primary Sponsor
Angus S. King, Jr.Independent(ME)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
0pct
0d open
vs 3,548 other S bills in the 114th — cohort avg 43d
Real Time Transparency Act of 2015 This bill amends the Federal Election Campaign Act of 1971 to revise the requirement of a 48-hour notification of a campaign contribution of $1,000 or more to the Federal Election Commission (FEC) and certain other officials by the principal campaign committee of a candidate for federal office. (Currently, a candidate's principal campaign committee is required to give a written 48-hour notification to the Secretary of the Senate or the FEC, and the Secretary of State, as appropriate, after the receipt of any contribution of $1,000 or more by any authorized committee of such candidate after the 20th day, but more than 48 hours before, any election.) This requirement, with certain additions, shall now apply to any political committee, not just a candidate's principal campaign committee, regarding cumulative contributions (instead of single contributions) of $1,000 or more from any contributor during a calendar year. A report shall now be made only to the FEC. 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 by the joint fundraising committee to such authorized committee (and thus subject to the 48-hour notification requirement). Senate candidates must file designations, statements, and reports directly with the FEC (instead of via the Secretary of the Senate, as currently required).
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Filing registrants (2)
2015 · fourth_quarter · Government Issues
114th H.R. 20 - Government By the People Act 114th H.R. 3854 and S. 2212 - Real Time Transparency Act 114th H.R. 424 - Empowering Citizens Act 114th H.R. 425 and S. 1838 - Stop Super PAC-Candidate Coordination Act 114th H.R. 430 and S. 229 - DISCLOSE Act 114th H.R. 446 - Shareholder Protection Act 114th S. 1538 - Fair Elections Now Act 114th H.R. 2695 and S. 367 - Sunlight for Unaccountable Non-profits (SUN) Act Consideration of inappropriate and ideological policy riders through such legislation as 114th H.R. 1314 enacted as Public Law No: 114-74 and 114th H.R. 2029 enacted as Public Law No: 114-113, especially opposition to riders harmful to womens health and support for a budget deal that stops sequestration and raises the spending caps that continue to harm womens health; those that are harmful to American democracy and the cause of campaign finance reform; and those that undermine civil rights and fair housing protections Constitutional amendments addressing Citizens United v. FEC and McCutcheon v. FEC, and related cases, especially the Democracy for All Amendment (114th H.J.Res. 22 and S.J.Res. 5) Executive and judicial nominations and appointments, including both individuals and rules/procedures, also legislative rules/procedures Executive Order requiring full disclosure of political spending by business entities receiving federal government contracts (furthermore, affirmatively certify that they are in compliance with 52 U.S.C. 30119 ban on direct or indirect political contributions) Money in politics and voting rights, both their general consideration and their intersectionality Removal of Representative Steve Scalise from his leadership position (Majority Whip) following the revelations regarding his 2002 address to a white supremacist group SEC File No. 4-637 - Rulemaking Petition: Petition to require public companies to disclose to shareholders the use of corporate resources for political activities
Read twice and referred to the Committee on Rules and Administration.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Client expense: $40,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Education, Dept of, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Justice Program, Office of Management & Budget (OMB), Office of the Vice President of the United States, President of the U.S., SENATE, Securities & Exchange Commission (SEC), U.S. Agency for International Development (USAID), Veterans Affairs, Dept of (VA), Vice President of the U.S., White House Office
2015 · fourth_quarter · Government Issues
Supported the Government By the People Act (H.R. 20), providing for a voluntary system of financing congressional elections using a mix of small private donations and federal funds and establishing a refundable tax credit to encourage grassroots campaign donations. Supported the Empowering Citizens Act (H.R. 424), providing a repair of the presidential public financing system, creating a similar public financing system for congressional races, strengthening rules prohibiting coordinated spending by outside groups and ending individual candidate-specific independent-expenditure only committees (individual candidate 'Super PACs'). Supported the Fair Elections Now Act (S. 1538) to establish a voluntary system of public financing for Senate elections. Supported the Democracy for All proposed constitutional amendment (S.J. Res 5, H.J. Res. 22) that would permit Congress and the states to set reasonable limits on the raising and spending of money to influence elections. Supported the DISCLOSE Act (H.R. 430, S. 229) to require disclosure of funds used by corporations, labor organizations, Super PACs and other entities influencing elections with independent expenditures and electioneering communications. Supported the Democracy Restoration Act (H.R. 1459, S. 772) to restore voting rights in federal elections for people who are out of prison and living in their communities. Supported efforts to establish independent redistricting commissions. Supported the Redistricting Reform Act of 2015 (H.R. 2173) to require states to establish independent, multi-party citizen redistricting commissions for purposes of drawing district lines. Supported the EMPOWER Act (H.R. 2143, S. 1176) to establish a small donor, public matching funds system for presidential candidates to use in presidential primary and general election races. Supported the Stop Super PAC-Candidate Coordination Act (H.R 425, S. 1838) to strengthen coordination rules between federal candidates and independent-expenditure only committees and prevent circumvention of anti-corruption contribution limits. Urged the President of the United States to sign an executive order requiring government contractors to disclose their political spending. Supported the Financial Services Conflict of Interest Act (H.R. 3065, S. 1779) to prevent conflicts of interest that stem from executive Government employees receiving bonuses or other compensation arrangements from nongovernment sources, from the revolving door that raises concerns about the independence of financial services regulators, and from the revolving door that casts aspersions over the awarding of Government contracts and other financial benefits. Opposed efforts to use the budget process to insert campaign finance riders that would lift limits on spending by political parties coordinated with candidates. Opposed riders in the budget process to prohibit the Securities & Exchange Commission from issuing rules requiring public companies to disclose political spending to shareholders. Opposed riders in the budget process to prohibit the Internal Revenue Service from issuing new rules defining candidate-related political activity for social welfare organizations and other nonprofit organizations engaged in more than an insubstantial amount of candidate-related political activity. Opposed policy riders in the appropriations process in general. Supported the REGISTER Act (S. 1970) to establish a system for automatic voter registration in federal elections. Supported the Presidential Library Donation Reform Act (H.R. 1069, S. 558) to require fundraising organizations to submit quarterly reports on entities that have contributed above a certain threshold towards a presidential library, and require that the National Archives and Records Administration make the reports available to the public. Urged the Internal Revenue Service and Department of Treasury to adopt regulations that would prohibit 501(c)(4) social welfare organizations from spending more than an insubstantial amount of money on candidate-related political activity and to make the regulations consistent with the Internal Revenue Code, which require social welfare organizations to be engaged exclusively in social welfare activities. Supported the Voting Rights Advancement Act (H.R. 2867, S. 1659), to restore the protections of the Voting Rights Act against racial discrimination in voting and to establish a new preclearance formula. Urged Members of the House of Representatives and their staff to suspend privately-financed, foreign congressional travel and to create new rules to ensure better transparency and guard against conflicts-of-interest. Urged the Committee on House Administration to adopt new rules making clear that expenditures from Members' Representation Allowances (MRA) are subject to review and approval by the Committee, and to allow MRA budgets to be periodically audited. Urged President Obama to take action to require all public assistance agencies - including Health Benefit Exchanges - to provide opportunities for potential voters to register to vote, in accordance with the National Voter Registration Act. Supported the Real Time Transparency Act (H.R. 3854, S. 2212) to require 48-hour disclosure of campaign contributions of $1,000 or more to candidates, committees, and political parties.
Client expense: $30,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office