Requires non-party committees to notify the FEC of contributions of $1,000+ received after day 20 but more than 48 hours before an election when the committee is active in that race.
The bill increases targeted transparency about late pre-election contributions and requires quick FEC rulemaking, but risks loopholes, legal uncertainty if rules lag the effective date, and added compliance costs for non-party committees.
Voters and taxpayers will see contributions of $1,000 or more to non-party political committees made in the late pre-election window disclosed, increasing transparency about money likely to influence imminent elections.
The FEC must issue implementing regulations within 90 days, giving state governments, regulated entities, and committees a clear enforcement timeline and standardized reporting procedures.
Limiting disclosure to committees active in the specific election focuses reporting on contributions likely to affect that contest, reducing unnecessary reporting for inactive groups.
Donors could evade disclosure by splitting contributions or giving just outside the narrow timing window, creating a loophole that undermines the law's effectiveness for voters and taxpayers.
If the bill's effective date comes before the FEC issues implementing regulations, nonprofit committees and state officials may face legal uncertainty and risk being penalized under unclear rules.
Non-party committees, especially smaller nonprofits, will incur increased administrative burden and compliance costs to track and timely report late-window contributions.
Based on analysis of 2 sections of legislative text.
Official title: To amend the Federal Election Campaign Act of 1971 to require political committees to file separate reports for contributions of $1,000 or more which are received fewer than 20 days before the date of any election in which the committee makes a contribution to, or an expenditure or electioneering communication on behalf of or in opposition to, a candidate or political party in the election, and for other purposes.
Introduced May 29, 2026 by Jason Crow · Last progress May 29, 2026
Requires non-party political committees to notify the Federal Election Commission in writing when they receive contributions of $1,000 or more during the late pre-election window (after the 20th day but more than 48 hours before an election) if that committee is active in that election through contributions, expenditures, or electioneering communications. Directs the FEC to issue implementing regulations within 90 days and makes the change effective for elections occurring after the 48-hour period beginning on enactment even if FEC regulations are not yet finalized.