Fair and Clear Campaign Transparency Act

Bill 117 HR 5897, also known as the Fair and Clear Campaign Transparency Act, aims to increase transparency in political campaigns in the United States. The bill requires all political advertisements to disclose the top five donors who contributed to the advertisement, as well as the amount of their contribution. This information must be displayed clearly and prominently in the advertisement.

Additionally, the bill requires all political committees to report any contributions of $1,000 or more within 24 hours of receiving the contribution. This will help to ensure that the public has timely access to information about who is funding political campaigns.

The Fair and Clear Campaign Transparency Act also includes provisions to prevent foreign interference in US elections. It prohibits foreign nationals from making contributions to political campaigns, and requires political committees to take steps to ensure that they are not receiving contributions from foreign sources. Overall, the goal of this bill is to increase transparency and accountability in political campaigns, and to ensure that the American public has access to information about who is funding political advertisements and campaigns.