Campaign Finance Transparency Act

U.S. Congress · HR8720 · Floor

Progression

Timing in context

Primary sponsor's contributions received (same period)

Adjacency in time is shown for context; it is not evidence of cause. Funded ≠ false — see the methodology.

What the bill says

HR8720 · U.S. Congress · Floor

Introduced 2026-05-11. Latest action: Placed on the Union Calendar, Calendar No. 651.

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Summary (plain-language)

Campaign Finance Transparency Act This bill addresses campaign finance in federal elections, including by expanding contribution and disclosure requirements. Specifically, the bill requires political committees, when accepting a credit or debit card contribution over the internet, to collect the credit or debit card's (1) verification value or verification code, and (2) ZIP Code of the billing address associated with the card. The bill generally requires an individual or entity making a contribution to have a U.S. mailing address; however, the bill provides an exception for U.S. citizens, nationals, or those lawfully admitted for permanent residence who provide the political committee with specified identifying information. The bill prohibits political committees from (1) accepting any credit or debit card contribution unless the name on the card used to make such contribution matches the name of the individual or entity donating the contribution, or (2) accepting a contribution made through the use of a gift certificate or store gift card. The bill removes a $200 threshold requirement for disclosing contributions, thereby requiring political committees to report identifying information about contributors, regardless of the amount contributed. The bill also prohibits knowingly directing, helping, or assisting any person in making a contribution in the name of another person. Any recipient of a contribution who suspects that the contribution was made by one person in the name of another person shall report it to the Federal Election Commission (FEC). The FEC must promulgate regulations to carry out this bill.

Sponsors

Text versions

  • Introduced in House — 2026-05-11 — XML
  • Reported in House — 2026-07-13 — XML

What analysts say

Committee reports

  • H. Rept. 119-747
    The Committee has requested but not received an estimate from the Director of the Congressional Budget Office. However, pursuant to clause 3(c)(2) of…

    The Committee has requested but not received an estimate from the Director of the Congressional Budget Office. However, pursuant to clause 3(c)(2) of rule XIII of the Rules of the House of Representatives, once an estimate has been prepared by the Director of the Congressional Budget Office, as required by section 402 of the Congressional Budget Act of 1973, the Committee will adopt as its own the estimate of new budget authority, entitlement authority, or tax expenditures or revenues contained in the cost estimate.

    CBO cost estimate from the committee report (public domain).

What politicians say

No linked claims or utterances yet — no one on record has cited this measure to justify a public argument.

Action History

DateAction
2026-07-13Reported (Amended) by the Committee on House Administration. H. Rept. 119-747.
2026-07-13Placed on the Union Calendar, Calendar No. 651.
2026-05-14Committee Consideration and Mark-up Session Held
2026-05-14Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 11 - 0.
2026-05-11Introduced in House
2026-05-11Referred to the House Committee on House Administration.

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