Honest Elections and Campaign, No Gain Act

Hozzl · 2023-12-15T15:56:44Z

Explore the details of House Bill 2484 Honest Elections and Campaign, No Gain Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Government Operations and Politics. Stay informed on legislative developments.

12/15/2023, 3:56 PM

Summary of Bill HR 2484

Bill 118 HR 2484, also known as the Honest Elections and Campaign, No Gain Act, is a piece of legislation introduced in the US Congress. The main goal of this bill is to address issues related to campaign finance and ethics in elections.

The bill includes provisions that aim to increase transparency in campaign finance by requiring candidates to disclose any contributions they receive from foreign entities. It also seeks to limit the influence of wealthy donors by implementing a system of public financing for political campaigns.

Additionally, the Honest Elections and Campaign, No Gain Act includes measures to strengthen ethics rules for elected officials. This includes prohibiting members of Congress from using their positions for personal gain and requiring them to recuse themselves from any legislation that could benefit them financially. Overall, the bill is designed to promote fairness and integrity in the electoral process and to ensure that elected officials are held accountable for their actions. It is currently being debated in Congress and has garnered support from both Democrats and Republicans who are committed to upholding the principles of democracy.

Congressional Summary of HR 2484

Honest Elections and Campaign, No Gain Act

This bill establishes certain requirements for disbursing unused funds after a federal election. The bill also requires former candidates serving as registered lobbyists or foreign agents to comply with disbursement requirements.

Specifically, the bill requires each authorized committee or leadership political action committee (PAC) of a candidate to disburse all unused funds within a specified time period beginning after an election or before the candidate registers as a lobbyist or foreign agent, unless the candidate files to run for office again before the disbursement period begins.

A committee or PAC disbursing unspent funds shall first pay any obligations incurred. If funds are left over, the committee or PAC may only disburse the funds in one or more of the following ways: (1) returning funds to donors; (2) making contributions to nonprofit organizations; and (3) transferring funds without limitation to a national, state, or local committee of a political party. The bill generally prohibits disbursements to relatives of the candidate.

A former candidate must, in order to register as a lobbyist or foreign agent, comply with the disbursement requirements outlined by this bill.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill HR 2484

Bill HR 2484 is currently in the status of Bill Introduced since April 6, 2023. Bill HR 2484 was introduced during Congress 118 and was introduced to the House on April 6, 2023. Bill HR 2484's most recent activity was Referred to the Committee on the Judiciary, and in addition to the Committee on House Administration, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of April 6, 2023

Bipartisan Support of Bill HR 2484

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 2484

Primary Policy Focus

Government Operations and Politics

Alternate Title(s) of Bill HR 2484

Honest Elections and Campaign, No Gain Act

To amend the Federal Election Campaign Act of 1971 to require authorized committees and leadership PACs of candidates for election for Federal office to disburse funds remaining unexpended after the date of the election involved, and for other purposes.