Requiring disclosure of card verification value as condition of acceptance of online contributions made using credit or debit cards in Federal elections

Section 302 of the Federal Election Campaign Act of 1971 (52 U.S.C. 30102) is amended by adding at the end the following:

(j) (1)No political committee shall accept any Internet credit or debit card contribution unless— (A)the individual or entity making such contribution is required, at the time such individual makes such contribution, to disclose the card verification value of such credit or debit card; and (B) (i)the mailing address of the individual or entity is located in the United States; or (ii)in the case of a contribution made by an individual whose mailing address is located outside of the United States, the individual provides the committee with the applicable information described in paragraph (2). (2)The applicable information described in this paragraph is as follows: (A)In the case of an individual who is a citizen or national of the United States— (i)the United States mailing address the individual uses for voter registration purposes; (ii)a copy of the individual’s United States passport; or (iii)a copy of a comparable acceptable identification document, or the unique identifying number from such a document, for the individual. (B)In the case of a contribution made by an individual who is lawfully admitted for permanent residence, as defined by section 101(a)(20) of the Immigration and Nationality Act (8 U.S.C. 1101(a)(20)— (i)a copy of the individual’s permanent resident card; or (ii)or a copy of a comparable acceptable identification document issued by the Department of Homeland Security. (3)A political committee that accepts any Internet credit or debit card contribution as a recurring contribution shall require the individual or entity making such contribution to comply with the requirements of this subsection for the first such contribution, but shall not require the individual or entity to provide the information identified in paragraphs (1) and (2) for subsequent recurring contributions made using the same credit or debit card as the initial contribution. (4)A political committee that stores or saves, or arranges to store or save, any credit or debit card information shall require the individual or entity making such contribution to comply with the requirements of this subsection for the first such contribution or at the time of storing or saving such information, but shall not require the individual or entity to provide the information identified in paragraphs (1) and (2) for subsequent contributions made using the same credit or debit card as the initial contribution. (5)An Internet credit or debit card contribution received by a political committee made through the use of a digital wallet shall be treated as complying with the requirements of this subsection. (6)Notwithstanding subsection (b) or (c), in the case of an Internet credit or debit card contribution— (A)no later than 10 days after receiving the contribution, the person who receives the contribution shall forward to the treasurer such contribution, the name and address of the person making the contribution, and the date of receipt; and (B)the treasurer of a political committee shall keep an account of the name and address of any person making any such contribution, together with the date and amount of such contribution by any person consistent with applicable regulations of the Commission, including regulations relating to the period for which contribution records must be preserved and the anonymity of certain contributors. (7) (A)A treasurer of a political committee shall determine whether a contribution is in compliance with this subsection. If the treasurer is unable to verify that the acceptance of the contribution was not in violation of this subsection, the treasurer shall, not later than 30 days after the receipt of the contribution, refund the contribution to the individual or entity making the contribution. (B)If the treasurer of a political committee shows that best efforts have been used to comply with the requirements of this paragraph, the committee shall be considered in compliance with this subsection. (8)In this subsection— (A)the term Internet credit or debit card contribution means a contribution that— (i)is made using a credit or debit card; and (ii)is received through an Internet website or application; and (B)the term digital wallet means a software application that stores payment or account information to facilitate traditional payments that use bank and credit card information.

Prohibiting acceptance of contributions made using gift cards in Federal elections

Section 302 of the Federal Election Campaign Act of 1971 (52 U.S.C. 30102), as amended by section 2(a), is amended by adding at the end the following:

(k) (1)No political committee shall knowingly accept a contribution made through the use of a gift certificate or store gift card, as such terms are defined, respectively, under section 915(a) of the Electronic Fund Transfer Act. (2) (A)A treasurer of a political committee shall determine whether a contribution is in compliance with this subsection. If the treasurer is unable to verify that the acceptance of the contribution was not in violation of this subsection, the treasurer shall, not later than 30 days after the receipt of the contribution, refund the contribution to the individual or entity making the contribution. (B)If the treasurer of a political committee shows that best efforts have been used to comply with the requirements of this subsection, the committee shall be considered in compliance with this subsection.