I 111th CONGRESS 2d Session H. R. 5086 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.

1.

Short Title

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

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.