Sponsors (16)
The bill increases transparency and limits conflicted or large donations to Presidential Libraries—strengthening anti–pay-to-play protections and donor-accountability—while creating fundraising limits, privacy trade-offs, legal risks, and compliance costs that could reduce resources and deter some donors.
Taxpayers and the public will see who gives $200 or more each quarter to Presidential Libraries because those libraries must publicly disclose donor identities and details, improving transparency about funding sources.
Taxpayers will face reduced pay-to-play risks because donations from lobbyists, foreign nationals, and federal contractors are restricted during a presidency and for two years afterward, limiting conflicted contributions.
Taxpayers and nonprofit institutions will be protected from outsized donor influence because aggregate donations are capped at $10,000 per donor around a presidency.
Nonprofits and taxpayers may see fewer exhibits, programs, or preserved materials because the $10,000 per-donor cap could constrain fundraising for Presidential Libraries.
Donors and institutions face heightened legal risk because the bill creates criminal penalties (up to 5 years) and a 10-year statute of limitations, which could chill legitimate donations absent clear guidance.
Individual donors will have personally identifying information (name, address, employer, occupation) reported quarterly, raising privacy and safety concerns for donors.
Based on analysis of 2 sections of legislative text.
Introduced July 16, 2025 by Elizabeth Warren · Last progress July 16, 2025
Prohibits presidential libraries or centers (and their staff and the Archivist) from soliciting or accepting donations from certain categories of donors while the named individual is serving as President, unless the donor is a 501(c)(3) charity. It also creates a two‑year post‑presidency cooling‑off that bars donations from registered lobbyists, agents of foreign principals, federal contractors, foreign nationals, and persons seeking or receiving pardons. The bill caps aggregate donations per donor (starting at $10,000 from election through one year after leaving office, indexed for inflation), bans converting donations to personal use, requires quarterly public reporting of larger donors during a five‑year covered period, and gives federal and state attorneys general civil and criminal enforcement authority with monetary penalties, disgorgement, injunctive relief, and prison terms for serious violations.