[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5086 Introduced in House (IH)]

111th CONGRESS
  2d Session
                                H. R. 5086

   To amend the Federal Election Campaign Act of 1971 to prohibit an 
  authorized committee of a candidate for election for Federal office 
from disbursing any amount received as a contribution to the committee 
until the committee posts on a public Internet site the identification 
  of the person who provided the contribution, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 20, 2010

Mr. Sensenbrenner introduced the following bill; which was referred to 
                 the Committee on House Administration

_______________________________________________________________________

                                 A BILL


 
   To amend the Federal Election Campaign Act of 1971 to prohibit an 
  authorized committee of a candidate for election for Federal office 
from disbursing any amount received as a contribution to the committee 
until the committee posts on a public Internet site the identification 
  of the person who provided the contribution, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Online Disclosure for Access to 
Campaign Funds Act of 2010''.

SEC. 2. REQUIRING AUTHORIZED COMMITTEES OF FEDERAL CANDIDATES TO POST 
              IDENTIFICATION OF CONTRIBUTORS PRIOR TO DISBURSING FUNDS.

    (a) In General.--Section 302 of the Federal Election Campaign Act 
of 1971 (2 U.S.C. 432) is amended by adding at the end the following 
new subsection:
    ``(j)(1) The treasurer of each authorized committee shall establish 
a separate account for the committee consisting exclusively of 
contributions received by or on behalf of the committee, and shall 
deposit each contribution received by the committee into the account 
immediately upon receipt.
    ``(2) Amounts in the account established under paragraph (1) may 
not be used to make disbursements by or on behalf of the committee but 
may be used only for transfers to other accounts of the committee.
    ``(3) The treasurer of an authorized committee shall ensure that 
the balance of the account established under paragraph (1) is equal to 
the total amounts deposited into the account reduced by the total 
amount of all contributions deposited into the account with respect to 
which the treasurer has posted on a publicly accessible Internet site 
of the committee the identification of the person who made the 
contribution.''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply with respect to contributions received on or after the date of 
the enactment of this Act.
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