Inaugural Committee Transparency Act of 2025
Summary
The Inaugural Committee Transparency Act of 2025 would establish new disclosure and accountability requirements for presidential inaugural committees. If enacted, committees would be required to report all disbursements of $200 or more to the Federal Election Commission within 90 days after the inaugural ceremony, including details about where the money went, who received it, and the stated purpose. This would bring greater transparency to how inaugural funds are spent.
The bill would also strengthen restrictions on donations to inaugural committees. It would prohibit committees from soliciting foreign donations (in addition to existing bans on accepting them), prevent people from donating money in someone else's name, and ban the conversion of inaugural donations to personal use. Additionally, any leftover donated funds would need to be distributed to tax-exempt charitable organizations within 90 days of the inaugural ceremony, though committees could request an extension.
Currently in committee consideration, this bill has not yet been voted on by the full Senate. If passed, it would apply to future presidential inaugurations and could affect how inaugural committees operate and report their finances.