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118th Congress Government Operations and Politics

S. 512: DISCLOSE Act of 2023

Introduced

  1. Introduced (completed)Feb 16, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Feb 16, 2023

This bill addresses campaign finance, including by expanding the prohibition on campaign spending by foreign nationals, requiring additional disclosures of campaign expenditures, and requiring additional disclosures regarding certain political advertisements.

Specifically, the bill expands existing foreign money prohibitions to include disbursements for paid web-based or digital communications and federal judicial nomination communications. It also prohibits foreign nationals from contributing to campaigns related to ballot initiatives and referenda.

The Government Accountability Office must, for each four-year election cycle, study and report on the incidence of illicit foreign money in federal elections.

Read the full summary

Next, the bill makes it unlawful to establish or use a corporation, company, or other entity with the intent to conceal an election contribution or donation by a foreign national. A violator is subject to criminal penalties—a fine, a prison term of up to five years, or both.

Covered organizations (e.g., corporations, labor organizations, and political organizations) must, within 24 hours, file reports with the Federal Election Commission to disclose campaign expenditures of more than $10,000 during an election cycle.

The bill also requires organizations to provide additional disclosures regarding political advertisements, including the donors who contributed the most money to that organization in the last year.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

51

Bipartisan support.

Who scored on this bill

18 points earned
  1. 1Sheldon Whitehouse D-RI SponsorDrew cross-party cosponsors, reached a cosponsor milestone, introduced4 events+18
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Sheldon Whitehouse

History

  1. Feb 16, 2023Introduced in the Senate by Sheldon Whitehouse.
Show the full action history (2 actions)
  1. Feb 16, 2023Introduced in Senate
  2. Feb 16, 2023Read twice and referred to the Committee on Rules and Administration.